Search Result for : General Administration Of Customs

The Dollar Business Bureau Belying the expectations of analysts, China's exports grew 8.7% in May compared to the previous year, while imports rose 14.8%, according to an official data. With this, the country was left with a trade surplus of about $40.81 billion for May, the Chinese government agency General Administration of Customs of China on Thursday said. Exports in the month of May from the largest exporter of the world were expected to grow at 7%, easing a little from 8% growth in April, according to the analysts polled by Reuters. However, the imports into the country decreased to 8.5%, after a growth of 11.9% in the preceding month. The analysts were expecting the trade surplus of China to have expanded to $46.32 billion ...

The Dollar Business Bureau The exports and imports of China increased in the month of April, as foreign and domestic demand weakened and there was a decline in commodity prices. In April, China's exports surged 8% compared to the previous year, missing analysts' predictions, whereas imports expanded 11.9%, an official data revealed on Monday. This has left $38.05 billion of trade surplus for the country in the given month, China’s General Administration of Customs revealed. In March, the country’s exports grew 16.4% and imports rose 20.3%. China's trade surplus in the month of March stood at $23.93 billion. Last week, the Chinese Ministry of Commerce, in its quarterly report, said that the country’s exports and imports are likely to be stabilised and improved in near future. Foreign ...

Source: PTI China on Tuesday said its foreign trade in August decreased 9.7% year on year to about $320.8 billion amid rising concerns over the record drop of $93.9 billion in the Communist giant's foreign exchange reserves last month. Latest data released by General Administration of Customs (GAC) shows that while exports fell 6.1% year on year to 1.2 trillion yuan, compared with an 8.9% drop in July, the imports slumped 14.3% to 836.1 billion yuan, compared with July's decrease of 8.6%. Trade surplus expanded by 20.1% to 368 billion yuan in August. In the first eight months of 2015, foreign trade slipped 7.7% year on year to 15.67 trillion yuan, the GAC figures showed. Exports dipped 1.6% to 8.95 trillion ...

Source: PTI India's exports to China declined by over 24% to $6.89 billion in the first half of this year, while the Communist trading giant's exports surged by 10.8% to $27.29 billion, pushing the bilateral trade to over $34 billion. China's foreign trade volume continued to drop in the first half, slipping further from a 6% decline in the first quarter, but the lacklustre performance was redeemed by the country's exports to India and other Asian nations. India-China bilateral trade registered a 1.1% increase and touched $34.19 billion as India continued to expand the export base for Chinese goods, according to data released by General Administration of Customs (GAC) today. Despite China's promises to address India's concerns over the spiralling trade deficit, ...