China's Trade Surplus Widens to $119B in August

Hang Seng Index forms a highly bullish pattern as China trade surplus jumps

The Hang Seng Index retreated a bit on Tuesday, even after macro data showed that China’s trade surplus rebounded in August. It retreated to 25,345, down by 3.3% from its highest point in August. On the positive side, it has formed a bullish pattern that may suggest more upside in the near term. China’s trade surplus surged in August China released a highly encouraging report, which showed that the economy was doing well. This report revealed th…

China's August Trade Balance: Surplus widens to $119.09 ...

China Trade Surplus Widens to $119.09 Billion; Hang Seng Still Falls

BEIJING, Sept. 8 — China’s goods-trade surplus widened to $119.09 billion in August, up $6.59 billion from July, as exports rose 25% and imports increased 28.2% from a year earlier. The headline was powerful. The surprise was not: the surplus almost exactly matched the $119.1 billion consensus, export growth met forecasts and import growth fell…

China's trade surplus widens to $119B in August

China's trade surplus landed at $119.09 billion in August, expanding compared to last month's $112.5 billion, the country's General Administration of Customs said on Tuesday.The figure came in below m...

China records $119B trade surplus in August as streak above $100B continues

China's August trade surplus reached $119B, the third straight month above $100B, putting the country on pace for a record-breaking $1 trillion