China's trade surplus widens in August, exports grow fastest since March 2023 and imports missed forecasts

seekingalpha09-10

China reported a sharp increase in its trade surplus to USD 91.02 billion in August 2024 from USD 67.81 billion a year earlier, surpassing market expectations of USD 83.90 billion. Exports from China ...

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Exports from China ...</p>\n\n<a href=\"https://seekingalpha.com/news/4148192-chinas-trade-surplus-widens-in-august-exports-grow-fastest-since-march-2023-and-imports-missed-forecasts\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's trade surplus widens in August, exports grow fastest since March 2023 and imports missed forecasts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's trade surplus widens in August, exports grow fastest since March 2023 and imports missed forecasts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-10 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4148192-chinas-trade-surplus-widens-in-august-exports-grow-fastest-since-march-2023-and-imports-missed-forecasts><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China reported a sharp increase in its trade surplus to USD 91.02 billion in August 2024 from USD 67.81 billion a year earlier, surpassing market expectations of USD 83.90 billion. Exports from China ...</p>\n\n<a href=\"https://seekingalpha.com/news/4148192-chinas-trade-surplus-widens-in-august-exports-grow-fastest-since-march-2023-and-imports-missed-forecasts\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GXC","symbol_name":"中国ETF-SPDR S&P","start_time":0,"source_url":"https://seekingalpha.com/news/4148192-chinas-trade-surplus-widens-in-august-exports-grow-fastest-since-march-2023-and-imports-missed-forecasts","article_id":"2466109673","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1322520591/image_1322520591.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466109673","pubTimestamp":1725946094,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"China CPI inflation picks up, but misses forecast, PPI continues to shrink China's manufacturing PMI contracts to 49.1 in August; Caixin manufacturing PMI returns to modest growth   China's retail sales rise more than expected in July, industrial production misses forecast China's Q2 GDP growth slows to 4.7% below estimates amid property downturn, weak domestic demand","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GXC":"中国ETF-SPDR S&P","CHIQ":"中国消费者指数ETF-Global X","EWH":"香港ETF-iShares MSCI","BK4588":"碎股","CQQQ":"中国科技指数ETF-Guggenheim","YANG":"三倍做空富时中国ETF-Direxion","MCHI":"中国ETF-iShares MSCI","CWEB":"两倍做多沪深中国互联网股票ETF-Direxion","BK4504":"桥水持仓","FXI":"中国大盘股ETF-iShares","KURE":"KraneShares MSCI All China Health Care Index ETF","CXSE":"WisdomTree China ex-State-Owned Enterprises Fund","CAF":"摩根史坦利中国A股指数基金","KBA":"KraneShares Bosera MSCI China A 50 Connect Index ETF","KWEB":"中国海外互联网ETF-KraneShares","ASHR":"德银沪深300指数ETF","YINN":"三倍做多富时中国ETF-Direxion","BK4585":"ETF&股票定投概念","PGJ":"中国ETF-PowerShares Gldn Drago","TDF":"Templeton Dragon Fund Inc"},"translate_title":"中国8月贸易顺差扩大，出口增速为2023年3月以来最快，进口不及预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FXI":1,"YINN":1,"YANG":1,"TDF":1,"PGJ":1,"MCHI":1,"KWEB":1,"KURE":1,"KBA":1,"GXC":1,"ASHR":1,"EWH":1,"CXSE":1,"CWEB":1,"CQQQ":1,"CHIQ":1,"CAF":1},"content_text":"China reported a sharp increase in its trade surplus to USD 91.02 billion in August 2024 from USD 67.81 billion a year earlier, surpassing market expectations of USD 83.90 billion. Exports from China increased by 8.7% year-on-year in August 2024, the most since March 2023, to a 23-month peak of USD 308.65 billion, exceeding market forecasts of 6.5% and accelerating from a 7.0% rise in July, marking the fifth straight month of growth in shipments, amid robust foreign sales. Meanwhile, imports to China rose by 0.5% y/y to USD 217.63 billion in August 2024, missing market estimates of 2.0% while noticeably slowing from a 7.2% jump in the prior month amid fragile recovery in domestic demand. The Shanghai Composite fell 0.5% to around 2,720 on Tuesday, hitting fresh seven-month lows as sentiment took a hit after the US government proposed new sanctions on Chinese biotech firms. ETFs: (FXI), (KWEB), (CQQQ), (MCHI), (ASHR), (YINN), (TDF), (CHIQ), (GXC), (EWH), (KBA), (YANG), (CXSE), (CAF), (CWEB), (PGJ), (KURE). Currency: (CNY:USD) More on China  Is The Chinese Stock Market Truly Uninvestable? China CPI inflation picks up, but misses forecast, PPI continues to shrink China's manufacturing PMI contracts to 49.1 in August; Caixin manufacturing PMI returns to modest growth   China's retail sales rise more than expected in July, industrial production misses forecast China's Q2 GDP growth slows to 4.7% below estimates amid property downturn, weak domestic demand","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2466109673"}