China cements export lead with December surge

Sun, 01/10/2010 - 02:45 EDT story from admin
 

China's exports surged 17.7 percent in December to snap a 13-month falling streak, state television said on Sunday, cementing the Asian power's new status as the world's biggest exporter.Exports hit 130.7 billion dollars during the month, bringing the full-year export figure to 1.20 trillion dollars, China Central Television said, quoting figures from the General Administration of Customs.Data out of Germany last week showed that China overtook Europe's biggest economy in November to become the world's top exporting nation.

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  • China cements export lead with December surge

    China's exports surged 17.7 percent in December to snap a 13-month falling streak, state television said on Sunday, cementing the Asian power's new status as the world's biggest exporter.Exports hit 130.7 billion dollars during the month, bringing the full-year export figure to 1.20 trillion dollars, China Central Television said, quoting figures from the General Administration of Customs.Data out of Germany last week showed that China overtook Europe's biggest economy in November to become the world's top exporting nation.

  • China exports surge in January

    China's exports surged 21 percent on-year in January, the government said Wednesday, after figures showed the Asian giant had overtaken Germany as the world's leading exporter in 2009.Exports totalled 109.475 billion dollars for the month, solidifying the turnaround recorded in December, according to figures released by the General Administration of Customs.The figure however showed a 16.3 percent drop month-on-month.China's trade surplus reached 14.17 billion dollars in January, the figures showed.

  • China exports, trade surplus figures announced

    China said Wednesday its exports in February soared for the third straight month and at the fastest pace in three years, underlining the nation's position as the world's leading exporter.Overseas shipments grew 45.7 percent on-year last month to 94.5 billion dollars, the customs bureau said, cementing a turnaround that began in December when a year-long decline in exports ended.China's export data is being closely watched for clues to the state of the world's third-largest economy and for signs of recovery in crisis-hit markets such as the United States and Europe.

  • China passes Germany as top world exporter

    China has surpassed Germany as the world's leading exporter, trade figures released on Friday by the German national statistics office showed.In the 11 months from January to November, Chinese exports were worth a total of 1.07 trillion dollars, while German data showed that exports from Europe's biggest economy amounted to 734.6 billion euros, or 1.05 trillion dollars.

  • China exports rebound extends into February

    China said Wednesday its exports soared for the third straight month in February and at their fastest pace in three years, which analysts said could leave Beijing more open to a stronger yuan.Overseas shipments grew 45.7 percent on-year last month to 94.5 billion dollars, the customs bureau said, cementing a turnaround that began in December when a year-long decline ended.China's export data is closely watched for clues to the state of the world's third-largest economy and for signs of recovery in crisis-hit markets such as the United States and Europe.

  • China exports growth extends into February

    China said Wednesday its exports soared for the third straight month in February and at their fastest pace in three years, which analysts said could leave Beijing more open to a stronger yuan.Overseas shipments grew 45.7 percent on-year last month to 94.5 billion dollars, the customs bureau said, cementing a turnaround that began in December when a year-long decline ended.China's export data is closely watched for clues to the state of the world's third-largest economy and for signs of recovery in crisis-hit markets such as the United States and Europe.

  • China overtakes Germany as biggest exporter (AP)

    China overtook Germany as the world's top exporter after December exports jumped 17.7 percent for their first increase in 14 months, data showed Sunday, in another sign of China's rise as a global economic force.

  • China is top world exporter ahead of Germany

    China is now the world's leading exporter ahead of Germany, trade figures released on Friday by the German national statistics office showed.In the 11 months from January to November, Chinese exports reached a total value of 1.07 trillion dollars, while German exports amounted to 734.6 billion euros, or 1.05 trillion dollars, the data showed.In November, the German trade surplus nonetheless climbed to 17.2 billion euros, according to seasonally corrected figures from the Destatis service, from 13.6 billion in October amid a pick up in global trade.

  • China overtakes Germany as biggest exporter

    China overtook Germany as the world's top exporter after December exports jumped 17.7 percent for their first increase in 14 months.

  • China exports slowed in July

    China's export growth slowed in July from the previous month, government data showed Tuesday, which could deter policymakers from letting the yuan appreciate against the dollar.The nation's exports reached 145.52 billion dollars last month, up 38.1 percent from the same period a year ago, customs authorities said in a statement.The pace of growth was much slower than in June, when exports were up 43.9 percent as steelmakers and other raw material producers accelerated shipments before the government scrapped tax rebates on some products last month.

 
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