China Customs: There is still big room for import growth this year

Source Fxstreet

An official at China Customs said on Monday that “there is still big room for China's import growth this year.”

Additional headlines

China's 2024 imports value at CNY18.39 trillion.

China’s 2024 Yuan-denominated imports +2.3% YoY.

China's imports were impacted by global commodities price changes in the second half of 2024.

Some countries' 'politicization of economic and trade issues' and 'abuse of export controls' also impacted China's imports last year.

We will roll out more targeted measures at proper time to stabilise trade.

China's trade surplus out of GDP is at a reasonable level.

Australian Dollar PRICE Today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Canadian Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   0.02% 0.18% -0.17% 0.01% -0.22% -0.17% -0.03%
EUR -0.02%   0.14% -0.13% 0.05% -0.10% -0.14% 0.03%
GBP -0.18% -0.14%   -0.25% -0.09% -0.25% -0.28% -0.11%
JPY 0.17% 0.13% 0.25%   0.15% -0.15% -0.17% 0.12%
CAD -0.01% -0.05% 0.09% -0.15%   -0.27% -0.19% 0.04%
AUD 0.22% 0.10% 0.25% 0.15% 0.27%   -0.06% 0.14%
NZD 0.17% 0.14% 0.28% 0.17% 0.19% 0.06%   0.17%
CHF 0.03% -0.03% 0.11% -0.12% -0.04% -0.14% -0.17%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).

 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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