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Section: Politics
China's exports rise by a surprising 18 percent
Sun 7th Aug, 2022
China's exports continued to perform unexpectedly strongly in July. Exports rose 18 percent in U.S. dollar terms compared with the same period last year, China Customs reported Sunday in Beijing.
Imports increased 2.3 percent. Western experts had actually predicted a slowdown in export growth. A similar 17.9 percent increase had been recorded the previous month.
Chinese trade with Russia was particularly strong, increasing by 37.1 percent. China's imports from its neighbor - which is under international economic sanctions for its invasion of Ukraine - rose 49.3 percent. Chinese exports grew by 22.2 percent. In the Ukraine war, the communist leadership stands alongside Russia's President Vladimir Putin.
China exports more to the EU, but imports less
Germany's exporters continue to suffer from a decline in exports to the second-largest economy, according to the data. China's imports from Germany fell 6.7 percent. In contrast, Chinese exports to Germany rose 17.6 percent.
The trend in trade with Europe is similar. China's exports to the European Union actually rose by 23.2 percent, while imports from the Community fell by 7.4 percent.
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German Private Health Insurance
Health Insurance in Germany is compulsory and sometimes complicated, not to mention expensive. As an expat, you are required to navigate this landscape within weeks of arriving, so check our FAQ on PKV. For our guide on resources and access to agents who can give you a competitive quote, try our PKV Cost comparison tool.
Hospital and Clinic Directory
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Kultur in Emmaus - Jazz im Atrium
Join us for an exciting evening of jazz at the EMMAUSKIRCHE on Sunday, May 25, 2025, from 19:00 to 20:30. Experience fresh sounds from the talented young jazz quintet led by Anton Sigling from Harlaching. This group features award-winning musicians from the Federal Competition 'Jugend jazzt' and...
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