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Mainland China/Hong Kong

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Census and Statistics Department released that the value of Hong Kong total exports of goods increased by 8.0% in March 2018 over a year earlier to HK$347.7 billion. The value of re-exports increased by 8.1% to HK$343.6 billion in March 2018, while the value of domestic exports decreased by 0.6% to HK$4.2 billion. A Government spokesman noted that merchandise exports continued to grow notably in March over a year earlier, amid a stronger global economy that kept trading and production activities broadly buoyant in Asia. Looking ahead, the prevailing broad-based momentum of the global economy should continue to provide a supportive trading environment for Hong Kong in the near term. However, the uncertainties arising from the trade tensions between the US and other major economies have increased. The possible spill-overs from US monetary policy normalisation and elevated geopolitical tensions in various regions also warrant attention.
According to The National Bureau of Statistics of China, Chinese total retail sales of consumer goods increased by 10.1% year-on-year in March 2018.
The National Bureau of Statistics of China announced that China's economy rose by 6.8% year on year in Q1 2018, and increased by 1.4% on quarterly basis.
The General Administration of Customs of China announced that China's import and export value totaled US$353.23 billion, increased by 5.3% year-on-year in March 2018. Export value decreased by 2.7% year-on-year to US$174.12 billion while import value was US$179.10 billion, increased 14.4% year-on-year in March 2018.
According to the National Bureau of Statistics of China, the consumer price index (CPI) was up by 1.2% year-on-year in March 2018. Compared to February 2018, the index fell by 1.1% in March 2018.
Census and Statistics Department released that the value of Hong Kong total exports of goods increased by 1.7% in February 2018 to HK$245.7 billion over a year earlier. The value of re-exports increased by 1.9% to HK$243.4 billion in February 2018, while the value of domestic exports decreased by 16.2% to HK$2.3 billion. A Government spokesman noted that external merchandise trade performed well in early 2018 amid the solid expansion of the global economy. Taking the first two months of 2018 together to remove the distortion caused by the difference in timing of the Lunar New Year holidays, the value of merchandise exports picked up to show double-digit growth over a year earlier, with major markets generally registering notable gains. Looking ahead, while the sustained expansion of the global economy remains supportive to Hong Kong's exports, uncertainties in the external trading environment have increased visibly in recent weeks due to rising trade tensions between the US and other major economies. If trade conflicts worsen further, the growth of world trade will be curtailed with adverse repercussions on global demand conditions and Hong Kong’s trade outlook.
According to The National Bureau of Statistics of China, Chinese total retail sales of consumer goods increased by 9.7% year-on-year in January and February 2018.
According to the National Bureau of Statistics of China, the consumer price index (CPI) was up by 2.9% year-on-year in February 2018. Compared to January 2018, the index rose by 1.2% in February 2018.
The General Administration of Customs of China announced that China's import and export value totaled US$309.49 billion, increased by 24.5% year-on-year in February 2018. Export value increased by 44.5% year-on-year to US$171.62 billion while import value was US$137.88 billion, increased 6.3% year-on-year in February 2018.
Census and Statistics Department released that the value of Hong Kong total exports of goods increased by 18.1% in January 2018 to HK$350.0 billion over a year earlier. The value of re-exports increased by 18.3% to HK$346.6 billion in January 2018, while the value of domestic exports increased by 5.2% to HK$3.4 billion. A Government spokesman noted that merchandise exports surged in January 2018 over a year earlier amid strengthening global demand. However, trade figures for January were distorted by the difference in timing of the Lunar New Year, which fell in mid-February this year but in late January last year. It would thus be more meaningful to analyse the trade figures for January and February combined, when available, for a clearer picture of the underlying growth momentum. Looking ahead, the solid expansion of the global economy should continue to be supportive of Hong Kong's exports in the near term. However, the trading environment is still subject to various uncertainties, including continued US monetary policy normalisation amid a complicated global monetary environment, potential rise in trade protectionism in major economies and heightened geopolitical tensions in various regions.
According to the National Bureau of Statistics of China, the consumer price index (CPI) was up by 1.5% year-on-year in January 2018. Compared to December 2017, the index rose by 0.6% in January 2018.
The General Administration of Customs of China announced that China's import and export value totaled US$380.70 billion, increased by 22.0% year-on-year in January 2018. Export value increased by 11.1% year-on-year to US$200.52 billion while import value was US$180.18 billion, increased 36.9% year-on-year in January 2018.
Census and Statistics Department released that the value of Hong Kong total exports of goods increased by 6.0% in December 2017 to HK$360.7 billion over a year earlier. The value of re-exports increased by 6.0% to HK$357.1 billion in December 2017, while the value of domestic exports increased by 0.1% to HK$3.6 billion. A Government spokesman noted that merchandise exports recorded further notable year-on-year growth in December 2017 amid robust expansion in global demand. Exports to Asia as a whole continued to grow solidly, and those to the US and EU accelerated to show double-digit growth. For 2017 as a whole, the value of merchandise exports rose by 8.0%, marking the fastest annual growth since 2011. Looking ahead, the brightened global economic outlook should continue to be supportive of Hong Kong's exports in the near term.
The National Bureau of Statistics of China announced that China's economy rose by 6.8% year on year in Q4 2017, and increased by 1.6% on quarterly basis.
According to The National Bureau of Statistics of China, Chinese total retail sales of consumer goods increased by 9.4% year-on-year in December 2017.
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