China is expected to report much slower export growth for April after a strong r...
BEIJING - China is expected to report much slower export growth for April after a strong rebound in March, while imports likely shrank for a fifth straight month but at a milder pace, a Reuters poll showed.
But hopes for a modest China export recovery in the second half of the year may have been turned on their head on Monday, after U.S. President Donald Trump said he would hike tariffs on Chinese goods this week and target hundreds of billions more, escalating tensions between the two sides. Some economists believe the unexpected strength in March was mainly due to temporary distortions including seasonal factors and changes in exporters’ and importers’ activity ahead of a cut in the value-added tax on April 1.
Economists predict April imports fell 3.6 percent from a year earlier, narrowing from the previous month’s 7.6 percent decline.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
OPEC oil output hits four-year low in April on Iran, Venezuela: Reuters surveyOPEC oil supply hit a four-year low in April, a Reuters survey found, due to fur...
Weiterlesen »
China says its official manufacturing PMI for April came in at 50.1, below expectationsChina said on Tuesday that its manufacturing sector continued to grow in April.
Weiterlesen »
China April factory growth unexpectedly slows as economy struggles for tractionFactory activity in China expanded for a second straight month in April but at a...
Weiterlesen »
China April services sector expands further on strong export sales: Caixin PMI- Activity in China's services sector further improved in April, with expor...
Weiterlesen »
Trump threatens higher U.S. tariffs on China - Reuters TVU.S. President Donald Trump on Sunday dramatically increased pressure on China to reach a long-sought trade deal by announcing he will markedly increase U.S. tariffs on certain Chinese goods.
Weiterlesen »
Huawei Has Taken Over Apple's Market Share In China; It Will Get WorseWait until Hauwei launches its own operating system. Then even Google will have a new rival.
Weiterlesen »
7 Indicators Of The State-Of-Artificial Intelligence (AI), April 2019The State-Of-Artificial Intelligence (AI) in April 2019, from enterprise adoption to consumer attitudes to data security to super jobs and no jobs.
Weiterlesen »
4 Books We Were Obsessed With Last MonthSome of our recent favorites, as reviewed in the BuzzFeed Books newsletter.
Weiterlesen »
Boston blues: It rained a record 21 days in AprilIt was a record for the number of rainy days not just in April, but any month of the year.
Weiterlesen »
South Korea April factory activity returns to growth as employment expands: PMISouth Korea's factory activity rebounded in April helped by a boost in hiri...
Weiterlesen »
Toyota, Fiat Chrysler U.S. sales fall in AprilToyota Motor Corp on Wednesday reported a 4.4 percent fall in U.S. sales in Apri...
Weiterlesen »