Chinese factory activity edged higher in December as supply disruptions eased and export demand weakened, a survey showed Friday. The monthly purchasing managers' index issued by the national statistics agency and an industry group gained to 50.3 from November's 50.1 on a 100-point scale on which numbers above 50 show activity accelerating. Chinese manufacturing has been hampered by shortages of some components including semiconductors and disruptions in shipping. Some areas ordered factories to shut down temporarily starting in September to meet official energy efficiency targets. A measure of new orders improved to 49.7 from November's 49.4, according to the China Federation of Logistics & Purchasing and the National Bureau of Statistics, though demand still was weak. An index of export orders sank to 48.1 from 48.5. The overall recovery of China's economy is clearer, economist Zhang Liqun said in a statement issued by the federation. However, he said, the country needs to ...
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China's exports remained strong in October, a positive sign for an economy trying to weather power shortages and COVID-19 outbreaks.
Imports, however, missed analysts' expectations, likely pointing to the overall weakness in domestic demand.
China's import and export growth slowed in September amid shipping bottlenecks and other disruptions combined with coronavirus outbreaks, according to customs data reported Wednesday.
China's exports unexpectedly grew at a faster pace in August thanks to solid global demand, helping take some of the pressure off the world's second-biggest economy
China's exports grew at a much faster than expected pace in June as solid global demand led by easing lockdown measures and vaccination drives worldwide eclipsed virus outbreaks and port delays
While China's exporters are enjoying strong demand, global supply chain bottlenecks and rising raw materials costs have weighed on production
Vietnam on Tuesday decided to keep anti-dumping duty on aluminium from China
Despite sporadic Covid-19 cases in China's border cities, authorities have been able to contain the virus in a boost to factory activity as production has gradually picked up to pre-pandemic levels
The Biden administration has added seven Chinese supercomputer research labs and manufacturers to a US export blacklist in a spreading conflict with Beijing over technology and security
Exports in dollar terms skyrocketed 154.9% in February compared with a year earlier, while imports gained 17.3%, the most since October 2018
Chinese firms also exported almost 100 billion-yuan worth of other personal protective equipment
China's exports rose in 2020 despite pressure from the pandemic and a tariff war with Washington, boosting its politically volatile trade surplus to $535 billion, one of the highest ever reported
The US announced a ban on the entry of cotton and tomato products from China's Xinjiang region amid allegations that detainee or prison labour from Uyghurs went into making them
China's exports to India declined by 13% in the first 11 months of the year, while Indian exports to China rose 16% in the same period
China's exports rose at the fastest pace since February 2018 in November, helped by strong global demand and as the factory recovery from Covid-19 outpaced those of its major trading partners
China's export growth accelerated in October, boosting the total so far this year back above pre-coronavirus levels for the first time
China's exports in August rose at a faster-than-expected pace, increasing by 9.5% from a year earlier, though imports dropped 2.1%, customs data showed on Monday.
It can take up to 30 days to obtain preliminary approval to export the technology