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RSS China December USD denominated Exports +10.7% y/y (expected +7.3%) Imports +1.0% (-1.5%)

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Start date Monday at 8:23 AM
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RSS China December USD denominated Exports +10.7% y/y (expected +7.3%) Imports +1.0% (-1.5%)

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Crax Bot

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Monday at 8:23 AM

#1

Chinese trade data for December 2024, USD denominated figures:

Trade Balance 104.84bn

expected 99.8bn, prior 97.44bn
surge in exports balloons out the surplus even more

Exports +10.7% y/y

expected +7.3%, prior +6.7%
exports have likely been boosted by the surge to send goods offshore ahead of expected Trump tariffs

Imports +1.0% y/y

expected -1.5%, prior -3.9%

China's December trade surplus with the US is 33.5bn USD vs. 29.7bn in November.

for 2024 as a whole China's trade surplus with the US was 361 bn USD

This is likely to give us more of this:

This article was written by Eamonn Sheridan at www.forexlive.com.

Click to read more...

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RSS China December USD denominated Exports +10.7% y/y (expected +7.3%) Imports +1.0% (-1.5%)

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Currently reading:
RSS China December USD denominated Exports +10.7% y/y (expected +7.3%) Imports +1.0% (-1.5%)

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“Hackers are breaking the systems for profit. Before, it was about intellectual curiosity and pursuit of knowledge and thrill, and now hacking is big business.”

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“Nothing FUCKS you harder than time.”

“You pray for rain, you gotta deal with the mud too. That’s a part of it.”

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“Luck is where opportunity meets preparation.”

“If you have an enemy, then learn and know your enemy, don’t just be mad at him or her.”

“Every failed experiment is one step closer to success.”

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Fugaku supercomputer is the world’s fastest computer. The $1-billion supercomputer has 7,630,848 cores, requires 29,899 kilowatts of electricity, and can execute 442,010 teraFLOPs.

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