China's exports to the United States have increased, and the country's money supply has grown faster than expected, the Chinese government said. Exports to the United States are up 5.5 percent in September compared to the same month one year ago, The New York Times reported Saturday. Additionally, China has exported more to the United States than the European Union every month since February. The European Union had previously seen higher exports from China the previous 4 1/2 years. The rise in imports could indicate a strengthening economy in the United States as consumers buy more foreign goods, the Times said. "We are beginning to see some improvement in the U.S. market -- the second half of this year is looking better than the first half, with our U.S. orders up by roughly 8 to 10 percent," said Dora Zhao, the sales manager at the Zhuhai Xiangrui Safety Home Appliance Company, an air-purifier manufacturer. Meanwhile, China's central bank said the country's money supply grew 14.8 percent in September compared to the same month one year ago, the Times reported, higher than the expected 13.7 percent. The growth could indicate relief in the credit squeeze that has crippled many businesses.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor