
Mia Nulimaimaiti
Articles
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6 days ago |
scmp.com | Mia Nulimaimaiti |Luna Sun
China’s exports rose in April, signalling resilience in the face of US “reciprocal” tariffs unveiled last month. China’s April exports grew by 8.1 per cent year on year to US$315.69 billion, customs data showed on Friday. The figure beat market expectations of a 1.9 per cent increase in a poll of economists by Reuters, and followed a 12.4 per cent rise in March. Imports, meanwhile, fell by 0.2 per cent year on year, compared with a 4.3 per cent contraction in March.
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1 month ago |
scmp.com | Mia Nulimaimaiti
Beijing aims to help its vast export sector ride out the trade war by working with firms to expand their domestic sales.
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1 month ago |
scmp.com | Mia Nulimaimaiti |Orange Wang |Sylvia Ma
China has reported a 4 per cent growth in consumption in the first two months of 2025, a modest increase that keeps the pressure on policymakers as China strives to achieve its ambitious annual economic growth target of “around 5 per cent”. The 4 per cent jump in retail sales for January and February, released by the National Bureau of Statistics (NBS) on Monday, was up from the 3.7 per cent growth recorded in December and below the 4.5 per cent forecast by Chinese financial data provider Wind.
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2 months ago |
scmp.com | Mia Nulimaimaiti
The president tells Jiangsu deputies that the powerhouse province should lead the way in future industries and regional cooperation.
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Feb 4, 2025 |
scmp.com | Ralph Jennings |Mia Nulimaimaiti
US President Donald Trump’s elimination of a long-standing tariff exemption that benefited China’s cross-border e-commerce giants will hurt American consumers – especially those on low incomes – more than the companies themselves, analysts said. The “de minimis” exemption that allowed packages worth less than US$800 to enter the United States duty-free was removed as part of an executive order signed by Trump on February 1 raising tariffs on Chinese goods by 10 per cent.
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