Industry News

Tech, iron ore help drive surprise Chinese import jump

Views : 307
Update time : 2020-10-13 16:19:05
China's imports surged in September, defying expectations, official data showed Tuesday, while exports rose for a fourth straight month as shops further opened up after virus lockdowns.
Shipments into the world's second-largest economy spiked 13.2 per cent last month, smashing forecasts of a 0.4 per cent increase as companies and consumers dipped into their pockets following months of coronavirus uncertainty and geopolitical tension...
Corporate buying of tech products before US restrictions hit was likely a key driver behind the "extremely strong imports", said Stephen Innes, chief global markets strategist at AxiCorp.


 
Related News
Read More >>
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Mar .12.2025
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Mar .12.2025
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they? Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
Mar .12.2025
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
International crude oil prices increase on Mar 11 International crude oil prices increase on Mar 11
Mar .12.2025
International crude oil prices increase on Mar 11