Home / Metal News / Continuous Yuan Appreciation Significantly Hurt China Export Value in August

Continuous Yuan Appreciation Significantly Hurt China Export Value in August

iconSep 8, 2017 11:50
Source:SMM
China’s yuan-based import and export value both rose in August.

SHANGHAI, Sept. 8 (SMM) - China’s yuan-based import and export value both rose in August. But export value reported narrower gains compared to July due to yuan’s continuous appreciation.

Offshore Yuan Refreshes Nearly 18-Month High against US Dollar

Import value increased 6.9% YoY, compared to 8.7% estimated and 11.2% growth in July.

China Trade Surplus Shrinks in August

Export value rose 14.4% YoY, versus estimation of 11.7% and a 14.7% rise in July.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

import and export value
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn