Chinese Economy: General News, Updates and Discussions

[Beijingwalker]

China’s foreign exchange reserves reach record high in May​

8 June 2026 12:02 (UTC+04:00)

China’s foreign exchange reserves increased in May 2026, AzerNEWS reports, citing China’s State Administration of Foreign Exchange (SAFE).

The country’s foreign exchange reserves rose by $31.7 billion in May compared to the previous month, reaching a total of $3.442 trillion at the end of the month.

The figure represents a 0.93% increase compared to April.

In its statement, State Administration of Foreign Exchange noted that the US dollar index strengthened in May, while global financial asset prices also increased.

The authority said the growth in reserves was driven by a combination of swap operations and changes in asset valuations across international markets.

China’s foreign exchange reserves reach record high in May

China’s foreign exchange reserves increased in May 2026, AzerNEWS reports, citing China’s State Administration of Foreign Exchange (SAFE).

www.azernews.az

 

[神威98]

China’s foreign exchange reserves reach record high in May​

8 June 2026 12:02 (UTC+04:00)

China’s foreign exchange reserves increased in May 2026, AzerNEWS reports, citing China’s State Administration of Foreign Exchange (SAFE).

The country’s foreign exchange reserves rose by $31.7 billion in May compared to the previous month, reaching a total of $3.442 trillion at the end of the month.

The figure represents a 0.93% increase compared to April.

In its statement, State Administration of Foreign Exchange noted that the US dollar index strengthened in May, while global financial asset prices also increased.

The authority said the growth in reserves was driven by a combination of swap operations and changes in asset valuations across international markets.

China’s foreign exchange reserves reach record high in May

China’s foreign exchange reserves increased in May 2026, AzerNEWS reports, citing China’s State Administration of Foreign Exchange (SAFE).

www.azernews.az

Lol. We changed USD $1000 to CNY last month in a Chinese bank. This figure includes China absorbing USD $1k from us in May!

 

[Beijingwalker]

China's May Exports Surge 19.4%​

Published 2026.06.09. 16:34:49

Containers and ships are stacked at the port of Nanjing in China's Jiangsu province on the 9th. AFP/Yonhap News

China's exports rose for a second consecutive month in May, surging on demand for artificial intelligence (AI).

China's exports increased 19.4% year-on-year in May, far exceeding Bloomberg's market estimate of 15%, according to the General Administration of Customs, the country's customs authority, on Monday. China's export growth had slowed to 2.5% in March, just after the outbreak of the Iran war, before climbing to 14.1% in April and then jumping to 19.4% this month.

 

[Beijingwalker]

China’s May shipments to U.S. clock 5-year high growth at 35% as overall exports jump on tech boost​

Published Mon, Jun 8 202610:45 PM

Key Points

• Exports rose 19.4% from a year earlier in U.S. dollar value terms, accelerating from the 14.1% gain in April.
• Imports growth momentum continued to build, expanding 27.4% in May, outpacing the 25.3% rise in the previous month, beating economists’ forecast.
• Shipments to the U.S. soared nearly 35.4% in May from a year earlier, the highest growth since March 2021.

SHENZHEN, CHINA - MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing MSC (Mediterranean Shipping Company), Maersk, and Hamburg Süd branding at Yantian Port on May 1, 2026, in Shenzhen, Guangdong Province, China.
Cheng Xin | Getty Images News | Getty Images

China’s trade growth held up better than expected in May, as surging AI-related exports helped buffer the economy against disruption from the Iran war, with U.S.-bound shipment logging the strongest jump in five years.

Overall exports rose 19.4% from a year earlier in U.S. dollar value terms, customs data showed Tuesday, accelerating from the 14.1% gain in April. Economists polled by Reuters had pegged growth at 15%.

“The war is boosting demand for green exports, such as electric vehicles, batteries, solar products, and AI-related technology goods,” said Sheana Yue, senior economist at Oxford Economics, expecting the outperformance in high-tech product export growth to persist.

Overall exports of integrated circuits soared 110% in terms of value from a year earlier, in part driven by unit price surges. Outbound shipment of high-tech goods surged 50% in May from a year ago, while imports jumped 47% by value.

Shipments to the U.S. soared nearly 35.4% in May from a year earlier, the highest growth since March 2021, according to Wind Information, extending a rebound following a long streak of double-digit declines for the most of last year, pressured by President Donald Trump’s tariffs.

China's May shipments to U.S. clock 5-year high growth at 35% as overall exports jump on tech boost

Exports to the U.S. surged the most since March 2021, extending a rebound following a long streak of double-digit declines for the most of last year.

www.cnbc.com

 

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[Beijingwalker]

66% of The World’s Electronics are Exported from Asia 1️⃣ China 34% 2️⃣ Taiwan 11% 3️⃣ South Korea 7% 4️⃣ Vietnam 5% 5️⃣ Malaysia 5% 6️⃣ Japan 4% Even though the data is from 2021, the overall… | Andrew Chan Yik Hong

66% of The World’s Electronics are Exported from Asia 1️⃣ China 34% 2️⃣ Taiwan 11% 3️⃣ South Korea 7% 4️⃣ Vietnam 5% 5️⃣ Malaysia 5% 6️⃣ Japan 4% Even though the data is from 2021, the overall picture is still largely the same, with Asia the factory of the world for electronics. I share...

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