Friday, January 22, 2021
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Tag: Exports

Chinese Exports Post YoY Rise of 36.2% in February, Imports Edge Lower 0.2%

Official data from China's customs authority points to a year-on-year surge in exports for February, as imports saw an incremental decline. The total value of...

China’s Trade Surplus Surges to Near Two Year High

China's trade surplus leaped to a near two year high in December despots forecasts of a decline, on the back of strong exports and...

China’s Trade Surplus Narrows 17.7% As H2 Foreign Trade Leaps 19.6% YoY

The latest data from China's General Administration of Customs points to a sharp rise in tangible foreign trade following a decline in 2016. GAC data...

India’s Snub of One Belt One Road Will Do Little to Diminish Chinese Trade: Morgan Stanley

Morgan Stanley economist Chetan Ahya says that India's trepidations about the One Belt One Road initiative will do little to stem the expansion of...

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Users of Everbright’s Cloud-Driven Utilities Payment Platform Exceeded Half a Billion in 2020

China Everbright Bank has seen users of its cloud-based utilities payments service surge in 2020, as the COVID-19 pandemic drove sharp gains...

China Unlikely to See Real Estate Loan Rates Decline in 2021 as LPR Holds Steady for Ninth Month Straight

Domestic analysts say that Chinese banks are unlikely to significantly reduce rates for real estate loans in 2021, as regulators continue to...

Chinese Central Bank Unveils Anti-Trust Measures Permitting Break up of Third-Party Payments Platforms

The People's Bank of China (PBOC) will have the power to recommend the dismantling of third party payments platforms under new measures...

Pinduoduo Owner Applies for Payments Trademark

A major shareholder in NASDAQ-listed agricommerce platform Pinduoduo has applied with Chinese authorities to register a Pinduoduo-related payments trademark.