When some people discuss China’s trade today, they often see only import and export figures and overlook the real effects behind them. China is both a “super seller” and a “super buyer.” As a “super seller,” the effect we bring to other parties is primarily that of benefiting our neighbors. - Li Qiang today at the Canton Fair
In this issue:
1. September trade data
2. Li Qiang at the Canton Fair
3. September price data
4. September credit data
5. EU-China
The Feed: Business, Economy and Trade - Politics and Law - Foreign and Defense Affairs - Hong Kong - Taiwan - Tech and Media - Society, Arts, Sports, Culture and History - Energy, Environment, Science and Health
Today’s top items:
1. September trade data - September trade data was another stunner. Exports rose 36.3% year-on-year in dollar terms, the fastest since February and far above the 25.5% consensus. Imports rose 31.0%.
The monthly surplus was $133.53 billion, the second largest on record, including a 20-month-high $34.01 billion surplus…