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The Trump administration will consider significantly lowering tariffs to ease tensions during weekend talks with China, Bloomberg quoted sources as saying. The talks will be held in Geneva on Saturday, with US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng representing the two countries. It was reported that...
Spot USD/CNY shed 106 bps to close at 7.2461 today (9th). As of 4:35 pm, USD/CNY in the night session faded 12 bps. USD/CNH dipped 42 bps to 7.2456, 5 bps above USD/CNY.~AAStocks Financial NewsWeb Site: www.aastocks.com
In terms of USD, the total value of import and export of goods trade in China for 4M25 amounted to US$1.97 trillion, up 1.3% YoY, according to the statistics released by the China Customs. Of which, exports amounted to US$1.17 trillion, up 6.4% YoY, while imports amounted to US$800.31 billion, down 5.2% YoY. The balance of impor...
According to statistics released by China Customs, in 1-4M25, the total trade value between China and the US reached RMB1.44 trillion, down 2.1%, accounting for 10.2% of the total value of China's foreign trade.Specifically, China's exports to the US amounted to RMB1.07 trillion, down 1.5%, while imports from the US touc...
In terms of RMB, the total value of import and export of goods trade of Mainland China in 4M25 amounted to RMB14.14 trillion, representing a YoY increment of 2.4%, according to statistics released by the General Administration of Customs (GAC). Among which, the value of exports amounted to RMB8.39 trillion, up 7.5% YoY, and the ...
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