26 Month Low in Chinese Import Sentiment Shows Cost of Widening Trade Battle — Panjiva
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26 Month Low in Chinese Import Sentiment Shows Cost of Widening Trade Battle

Business Sentiment 140 China 1758 Tariffs 1169

Chinese business sentiment towards international trade worsened in August according to the latest CFLP survey, despite an improvement in the overall manufacturing outlook. The export order survey fell to 49.4% from 49.8% (below 50% indicates a contraction is expected) and imports dropped to 49.1% from 49.6%, the lowest since June 2016. The imposition of duties on a total $100 billion in bilateral trade with the U.S. from August 23 and potential for a further $260 billion of product targeting from as soon as September 7 are the main drivers of worsening opinion. That marks a contrast with...

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