Source: National Bureau of Statistics of China China’s economy improved in the first two months of 2022, with main indicators beating analysts’ estimates, but the surge in Omicron cases will weigh on the outlook. CSI 300 Index down -4.57%, CNY USD down -0.25% Industrial output grew 7.5% in January-February from a year ago, the fastest rate since June 2021, and rose from … [Read more...] about China’s Economy Posts Better-Than-Expected Growth in Jan-Feb
China
China’s Factory Inflation Slows to 8.8% in February
Source: National Bureau of Statistics of China China’s factory inflation in February falls to the lowest annual rate in eight months. CSI 300 Index down -0.92% , CNY USD down -0.01% The producer price index (PPI) rose 8.8% on the year, dropping from 9.1% expansion in January, but was higher an estimate of 8.7% from a Reuters poll.Many Chinese factories stopped operations … [Read more...] about China’s Factory Inflation Slows to 8.8% in February
China’s Exports Beats Estimates in Jan-Feb but Data Show Slowdowns
Source: National Bureau of Statistics China’s exports in the January to February period increased by 16.3%, beating estimates of a 15.0% rise. The exports were below a gain of 20.9% in December. CSI 300 is down -3.19%, USDCNY is up +0.02%. China’s imports rose by 15.5% in the first two months of the year, below a gain of 19.5% in December, missing the expected 16.5% … [Read more...] about China’s Exports Beats Estimates in Jan-Feb but Data Show Slowdowns
US Trade with China at its Fastest Rate amid Tensions and Covid Impacts
Source: Bloomberg US-China trade in goods is now at the fastest rate in years, defying long standing tariff wars and Covid-19 pandemic impacts. USDCNY is down -0.03% On a monthly basis, two-way trade between the two countries fell to $19 billion in February 2020, but has rebounded to new records in the past year.Currently, about half of the $259 billion goods from … [Read more...] about US Trade with China at its Fastest Rate amid Tensions and Covid Impacts
