China’s trade surplus widened sharply to USD 58.93 billion in August 2020 from USD 34.72 billion in the same month the previous year and far above market expectations of USD 50.5 billion. Exports rose by 9.5 percent, the fastest pace since March last year, while imports unexpectedly fell by 2.1 …
Read More »China Manufacturing Growth at 6-month High Despite Crisis
The Caixin China General Manufacturing PMI unexpectedly rose to 51.2 in June 2020 from 50.7 in the previous month and beating market consensus of 50.5. This was the highest reading since December last year, supported by the recent easing of COVID-19 measures. Output grew further on the back of a …
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