Page 2 - Wang Lingjun News Today

While the global economy faced significant recovery pressures in 2023, Chinas economy showed remarkable resilience. Analysts have taken stock of highlights in the country’s economy and estimate that GDP growth would have exceeded 5 percent in 2023, noting that the world’s second-largest economy will continue to forge ahead in 2024 despite choppy waters.

China’s exports rose by 2.3 per cent in December compared to a year earlier, while imports rose by 0.2 per cent last month, data released on Friday showed.

China’s exports grew slightly for a second consecutive month in December even as deflationary pressures continue, according to official data released Friday, underscoring an uneven recovery in 2023

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Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday, as commerce with the United States fell for the first time in four years on the back of geopolitical tensions.

Chinas exports and imports grew slightly in December, despite deflationary pressures, according to official data. Exports rose by 2.3% to $303.6 billion, while imports rose by 0.2% to $228.2 billion. Chinas total trade surplus for December was $75.3 billion, up 10.1% from $68.3 billion in November. However, sluggish external demand remains the main constraint, with factors like protectionism and unilateralism also impacting exports.

Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday, as commerce with the United States fell for the first time in four years on the back of geopolitical tensions.Commerce with the United States was valued at $664 billion last year, down 11.6 percent from 2022.

HONG KONG (AP) – China’s exports grew slightly for a second consecutive month in December even as deflationary pressures continue, according to official data released Friday, underscoring an uneven recovery in 2023. Customs data showed that exports in December rose by 2.3 per cent compared to the same period last year to USD303.6 billion in […]

China's outbound shipments dropped last year for the first time in seven years, data revealed on Friday, as tensions with the U.S. and a sluggish...

Deflationary pressures are persisting in China, where consumer prices fell a third consecutive month, though exports grew.