#chinatrade

China posts record $101 billion trade surplus but export boom could fade

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 10
1 min

China posts record $101 billion trade surplus but export boom could fade

China's export sector delivered robust growth in July, providing much-need support for the world's second largest economy that is almost certain to miss its GDP target this year. Exports measured in US dollars jumped 18% in July from a year ago, marking the fastest pace of growth this year, according to Chinese customs statistics released on Sunday. Analysts polled by Reuters had forecast a 15% increase. In June, exports increased 17.9%. Imports, meanwhile, grew 2.3% from a y

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Amid Industrial Headwinds, China Records First Ever Auto Trade Surplus

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 2
3 min

Amid Industrial Headwinds, China Records First Ever Auto Trade Surplus

As the global economy recovers fully from the Covid-19 pandemic, the Chinese industrial sector appears to be facing headwinds, according to an analysis by Trade Data Monitor, the world’s premier source of trade statistics. China’s exports grew by 17.9% year-on-year to $331.3 billion, beating analyst expectations. Imports, however, increased by only 1% in June from a year earlier to $233.3 billion, below predictions of around 3%, and suggesting that Chinese factories are cutti

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GTDW FDI Trade & Supply Chain Digitalisation News

May 25
1 min

Mapped: GDP Growth by Country in 2021

The global economy faced numerous challenges in 2021. While COVID-19 vaccinations became more widely available in some countries, variants led to further waves in the pandemic. While consumer demand began to recover, supply chain disruptions restricted supply. Despite these and other hurdles, the world economy expanded by 6.1% in 2021. In this Markets in a Minute from New York Life Investments, we explore GDP growth by country to see which countries had the best and worst gro

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Visualizing China’s $18 Trillion Economy in One Chart

GTDW FDI Trade & Supply Chain Digitalisation News

May 20
1 min

Visualizing China’s $18 Trillion Economy in One Chart

China is the world’s second largest economy after the U.S., and it is expected to eventually climb into the number one position in the coming decades. While China’s economy has had a much rockier start this year due to zero-tolerance COVID-19 lockdowns and supply chain issues, our visualization covers a full year of data for 2021⁠—a year in which most economies recovered after the initial chaos of the pandemic. In 2021, China’s Gross Domestic Product (GDP) reached ¥114 trilli

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Satellite Maps: Shanghai’s Supply Chain Standstill

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 22
1 min

Satellite Maps: Shanghai’s Supply Chain Standstill

Wait times for at Shanghai marine terminals has increased nearly 75% since the lockdowns began. Delays at the Shanghai terminal have sent ships to neighboring ports in Ningbo and Yangshan, but those ports are beginning to get congested as well. China has mandated a strict “zero COVID” policy since the onset of the global pandemic, which has led to tight lockdowns across the country whenever cases have started to spike. Recently, lockdown restrictions have been enacted in majo

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China officially applies to join mega regional trade pact

GTDW FDI Trade & Supply Chain Digitalisation News

Sep 17, 2021
3 min

China officially applies to join mega regional trade pact

Beijing has applied to join an Asia-Pacific trade pact once pushed by the US as a way to isolate China and solidify American dominance in the region. China submitted the formal application letter to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to New Zealand, according to a statement late on Thursday (Spet 16) in Beijing. Commerce Minister Wang Wentao had a follow-up call with his counterpart Damien O’Connor, as New Zealand is the dep

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Official July China Trade Data: Chinese Industrial Sector Shows Risks of 2021 Slowdown

GTDW FDI Trade & Supply Chain Digitalisation News

Aug 10, 2021
3 min

Official July China Trade Data: Chinese Industrial Sector Shows Risks of 2021 Slowdown

By John W. Miller, Chief Economic Analyst - Trade Data Monitor: China’s industrial sector is headed for a slowdown in the second half of 2021, according to an analysis by Trade Data Monitor, the world’s premier source of trade statistics. In July, overall exports increased 19.4%, to $282.7 billion, compared to the same month a year earlier, below analysts’ expectations. In June, they had increased 32.2% year-on-year. Imports in July rose 28.1% year-on-year, to $226.1 billion,

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China, ASEAN open new chapter in common development, prosperity

GTDW FDI Trade & Supply Chain Digitalisation News

Jul 20, 2021
3 min

China, ASEAN open new chapter in common development, prosperity

The 10-member Association of Southeast Asian Nations (ASEAN) and China on Monday celebrate the 30th anniversary of the establishment of their dialogue relations. Since the relations began in July 1991, bilateral trade volume had soared from less than 8 billion U.S. dollars to more than 680 billion dollars last year. With such a strong foundation, the two sides have pledged to enhance cooperation in all sectors to open a new chapter in ASEAN-China common development and prospe

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#FDI China’s post-Covid recovery captures attention of European investors

GTDW FDI Trade & Supply Chain Digitalisation News

Jun 17, 2021
1 min

#FDI China’s post-Covid recovery captures attention of European investors

China has made a rapid economic recovery from the Covid-19 pandemic, which seems to have moved European investors from favouring offshoring to rediscovering their appetite for the country. European companies are seeking to increase their exposure in China and move their supply chains onshore in the country, according to a report from the EU Chamber of Commerce in China published in June 2021. The European Business in China Business Confidence Survey 2021 finds that 59% of Eur

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Official China Trade Data: Chinese April imports increase 43.1%

GTDW FDI Trade & Supply Chain Digitalisation News

May 11, 2021
3 min

Official China Trade Data: Chinese April imports increase 43.1%

China preliminary data for April (release by Major Products & by Country/Region) and below TDM insight by John W. Miller, Chief Economic Analyst - Trade Data Monitor For years, economists marveled at China’s history-shaping growth in manufacturing exports. But as this April’s trade data from Beijing illustrates, it’s time to start paying more attention to the ballooning of shipments to China. Chinese imports in April increased 43.1% year-on-year to $221.1 billion, the biggest

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China: The rise of a trade titan - UNCTAD

GTDW FDI Trade & Supply Chain Digitalisation News

May 3, 2021
4 min

China: The rise of a trade titan - UNCTAD

China is perhaps one of the most unprecedented stories of economic development in recent history. In the last 25 years, the country’s economy rapidly expanded, lifting more people out of poverty than anywhere else in the world. But all this wouldn’t have been possible without another outstanding story: the emergence of China from the periphery of world trade to becoming a global trade titan. Genesis of a trade transformation While the rise of China as an export powerhouse be

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OFFICIAL CHINA TRADE DATA: China’s 31% March Trade Bounce Confirms Covid Comeback

GTDW FDI Trade & Supply Chain Digitalisation News

Apr 14, 2021
3 min

OFFICIAL CHINA TRADE DATA: China’s 31% March Trade Bounce Confirms Covid Comeback

Official China Trade Data from our partners at Trade Data Monitor based on official HS Customs data on all commodities. It was March 2020 that marked the depths of the Covid-19 economic crisis. Factories closed. Shops shuttered. Consumer locked their doors and wallets. Last month’s Chinese exports signals that the global economy has found its way back. Spring is here. Wallets are open. In March, Chinese exports increased 30.7% year-on-year to $241.1 billion. That’s significan

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US-China: AmCham China Survey Shows US Firms Optimistic About Market Growth

GTDW FDI Trade & Supply Chain Digitalisation News

Mar 11, 2021
1 min

US-China: AmCham China Survey Shows US Firms Optimistic About Market Growth

Only 12 per cent of the 345 US firms surveyed by the American Chamber of Commerce in China said the investment environment was deteriorating This represented the lowest proportion since the question was first introduced in the 2012 survey As China-US relations face some uncertainties, a survey by the American Chamber of Commerce in China (AmCham China) said that most US companies expect a rosy year for their business growth in the world's second-largest economy, citing China'

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China FDI rose to record level in 2020 despite coronavirus, fastest growth rate in five years

GTDW FDI Trade & Supply Chain Digitalisation News

Jan 21, 2021
2 min

China FDI rose to record level in 2020 despite coronavirus, fastest growth rate in five years

Foreign direct investment (FDI) into China rose 4.5 per cent from 2019 to US$144.37 billion last year Investment from the Netherlands and Britain increased by 47.6 per cent and 30.7 per cent, respectively, from a year earlier Foreign direct investment (FDI) into China rose to a record high in 2020 by posing the fastest growth rate in five years despite the disruptions caused by the coronavirus pandemic. FDI in US dollar terms – excluding financial sectors such as banking, sec

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OFFICIAL CHINA TRADE DATA REPORT: Global Trade in 2020 Rebounded After Spring Slump

GTDW FDI Trade & Supply Chain Digitalisation News

Jan 15, 2021
3 min

OFFICIAL CHINA TRADE DATA REPORT: Global Trade in 2020 Rebounded After Spring Slump

As the world seeks to recover from the devastation of the Covid-19 pandemic, trade data suggests it’s more dependent than ever on the Chinese export engine - Latest December China Trade Data insights from our partners at Trade Data Monitor, authored by Chief Economist, John W Miller - For a copy of December's trade data for China and other countries email: andrewk@kwconfex.com China’s full-year numbers show how global trade was almost crippled by the Covid-19 pandemic during

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ASEAN ahead of EU & US as China's largest trading partner in 2020

GTDW FDI Trade & Supply Chain Digitalisation News

Jan 14, 2021
2 min

ASEAN ahead of EU & US as China's largest trading partner in 2020

ASEAN countries have jumped to be the number one trading bloc with China in 2020, with the trade volumes hitting 4.74 trillion yuan ($731.9 billion), a 7 percent growth year-on-year, Chinese Customs spokesman Li Kuiwen told a press conference on Thursday, making ASEAN China's largest trading partner for the first time and making China ASEAN's largest trading partner for 12 years in a row. With the demonstration the huge potential and strong resilience of China-ASEAN cooperati

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Global Economy Being Redrawn By Chinese Export Boom

GTDW FDI Trade & Supply Chain Digitalisation News

Dec 8, 2020
3 min

Global Economy Being Redrawn By Chinese Export Boom

Latest November China Trade Data insights from our partners at Trade Data Monitor, authored by Chief Economist, John W Miller - For a copy of November's trade data email: globaltrade@kwconfex.com What has been building all year exploded into a crescendo in November, as China registered the biggest month of exports in economic history. Buoyed by a rebounding economy as the U.S. and Europe continue to struggle with containing the coronavirus, Beijing reported shipments of $268

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What is RCEP and what does an Indo-Pacific free-trade deal mean?

GTDW FDI Trade & Supply Chain Digitalisation News

Nov 12, 2020
2 min

What is RCEP and what does an Indo-Pacific free-trade deal mean?

The world’s biggest free-trade agreement by population and GDP will bring huge tariff cuts for its Asean and Pacific Rim signatories, including China But the agreement is less open and comprehensive than the 11-member CPTPP, which involves some of the same countries along with the United States When leaders from 15 countries in the Indo-Pacific region meet for a virtual summit on Sunday, they are expected to sign a free-trade agreement that, measured by population and GDP, is

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China and 14 other nations ready to sign RCEP, world’s largest trade deal

GTDW FDI Trade & Supply Chain Digitalisation News

Nov 12, 2020
2 min

China and 14 other nations ready to sign RCEP, world’s largest trade deal

The Regional Comprehensive Economic Partnership is expected to be signed this weekend during video meetings hosted by Asean In the absence of the US from trading blocs, China seeks opportunities to write regional trade rules, say observers China is expected to sign a mega regional trade deal with 14 other countries in the Asia-Pacific region this weekend, wrapping up a major agreement before the next United States administration comes into office, Chinese officials said on We

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OFFICIAL CHINA TRADE DATA: China Ramps up Exports to EU, US Hampered by Covid - October 2020

GTDW FDI Trade & Supply Chain Digitalisation News

Nov 9, 2020
3 min

OFFICIAL CHINA TRADE DATA: China Ramps up Exports to EU, US Hampered by Covid - October 2020

We are pleased to share the October China Preliminary Data from our partners Trade Data Monitor, summarised by John Miller. For a copy of 'October Preliminary China Trade Data' feel free to email andrewk@kwconfex.com Trade Data Monitor Partner APAC China maintained its strong 2020 export performance in October, buoyed by a summer of consumer spending in the U.S. and Europe after a locked-down spring. Overall, outbound shipments increased to $237.2 billion, up 11.4% compared t

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