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GACC: China Q1 Foreign trade value gains 10.7%

In March alone, China's foreign trade value witnessed on-year growth of 5.8% to reach Yuan 3.21 trillion, according to the release. Within this, exports moved up 12.9% on year to Yuan 1.75 trillion, but imports fell 1.7% on year to Yuan 1.45...


FLASH: CHINA'S JAN-APR FOREIGN TRADE VALUE UP 8%

Over January-April, China's foreign trade value posted a 7.9% on-year increase to Yuan 12.58 trillion ($1.98 trillion) in total. Within the total, China's exports value gained 10.3% on year to Yuan 6.97 trillion, and that of imports rose 5%...


FLASH: CHINA JAN-FEB COAL OUTPUT UP 10.3%

Over January-February, China's total output of raw coal for all utilization increased by 10.3% on year to 686.6 million tonnes, while its coke output declined 7.6% on year to 74.4 million tonnes, according to the latest release by the countr...


FLASH: CHINA CUTS RRR TO SUPPORT ECONOMY

China's central bank said on late Friday that it has decided to cut the reserve requirement ratio (RRR) for financial institutions by 0.25 percentage points, effective from April 25, to support the development of the real economy and to redu...


FLASH: CHINA JAN-APR STEEL EXPORTS DOWN 29.2%

China's finished steel exports totaled 18.16 million tonnes over January-April, down 29.2% on year, while the country's finished steel imports decreased 14.7% on year to 4.17 million tonnes during the same period, according to the latest dat...


NBS: China Jan-Feb FAI grows 12.2%, property up 3.7%

Among China's FAI over January-February, privately-owned enterprises contributed to Yuan 2.9 trillion, or 57.5% of the total. As for China's economic sectors, the funding in the tertiary industry accounted for the most of the three sectors,...


FLASH: CHINA Q1 FAI UP 9.3%, PROPERTY UP 0.7%

Over January-March, China's fixed asset investment (FAI) grew 9.3% on year to Yuan 10.5 trillion ($1.6 trillion), among which, that in the property market increased 0.7% on year to Yuan 2.8 trillion, according to the release by China's Na...


FLASH: CHINA'S JAN-APR IRON ORE IMPORTS DOWN 7%

China's iron ore imports over January-April totaled 354.4 million tonnes, down 7.1% on year, according to the data released by the country's General Administration of Customs on May 9. A detailed report will be posted....


NBS: China's Jan-Feb steel output down 10% on year

For the first two months of 2022, China's daily crude steel output came in at 2.68 million tonnes/day on average, down 3.7% from that for last December, Mysteel Global calculated based on the NBS data. China's lower steel output over Januar...


FLASH: CHINA'S GDP GROWS 4.8% FOR Q1

For the first quarter of this year, China's gross domestic product (GDP) grew 4.8% on year to a total of Yuan 27.02 trillion ($4.24 trillion), or up 1.3% from the last quarter of 2021, according to the latest release by the country's Nationa...