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Dah Sing Foresees Nearly Flat CN Exports This Yr w/ Imports Expected to Recover amid Unpredictable US Trade Talks
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China's foreign trade performance beat expectations in July with accelerated export growth and expanded import increases, said Gary Wan, Principal Economist and Strategist at Dah Sing Financial Group. The country's overall exports rose by 1.3 ppts YoY to 7.2%, marking the largest increase in three months and surpassing the market expectation of 5.6%. Wan stressed that the outlook for China-US trade negotiations remains uncertain, and Chinese goods entering the US through transshipment may face additional tariff restrictions, posing a high downside risk to China's exports in 2H25. In Wan's estimate, China's annual exports may be nearly flat this year as there are still significant variables in its trade talks with the US. Meanwhile, its imports may recover as domestic demand is stimulated by continued policy measures. AAStocks Financial News |
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