China’s Import Plans Bode Ill for Global Trade Outlook — Panjiva
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China’s Import Plans Bode Ill for Global Trade Outlook

Business Sentiment 182 China 2916 Global 1382 Trade Balance 923

The outlook for exports from Chinese businesses improved in August, with the monthly CFLP reading of 47.2% improving from 46.9% in July. Yet, it’s worth remembering that a figure below 50% still indicates lower future orders are anticipated. The bad news for global trade is that the import reading decline to 46.7% from 47.4% suggesting imports from the rest of the world may continue to fall. Export data for 23 countries in July show 13 countries experienced a year over year decline in July. While the weighted average change was actually an increase of 0.1%, that includes a degree of stoc...

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