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Showing 111 - 120 of 566 results for "Imports"

Chief economist update: The winter of Australia's discontent

BENJAMIN ONG  |  WEDNESDAY, 24 OCT 2018
... are already impacting demand from China - Australia's biggest export market. Reuters' reports that China's imports of sorghum dropped by 76.9% in the year to September, "dragged down by Chinese tariffs on cargoes of the commodity from key ...

Chief economist update: If you can't beat Trump, copy Trump

BENJAMIN ONG  |  TUESDAY, 23 OCT 2018
... only this, increased Chinese household consumption (and by extension, overall growth) should also lift its demand for imports (perhaps, not from the US) supporting growth in the economies of its trading partners. Win-win! ========== Below is the draft ...

Chief economist update: Is China starting to slow down?

BENJAMIN ONG  |  TUESDAY, 9 OCT 2018
... buys 32% of the country's total exports. Not to mention the flow on effects on Australia from other economies that imports from Australia. For sure, the signs are ominous but still, isn't this what China had been aiming for all along? That is ...

Chief economist update: An Indian surprise

BENJAMIN ONG  |  MONDAY, 8 OCT 2018
... of Brent oil has risen by 24% between January and September this year - because of the country's dependence on oil imports. According to Bank of America Merrill Lynch currency strategist Rohit Garg: "In terms of oil impact, we believe 10% rise in ...

Chief economist update: Stability is doing it for Japan

BENJAMIN ONG  |  MONDAY, 24 SEP 2018
... two is less onerous than was originally threatened. The US is slapping a 10% tariff on US$200 billion worth of Chinese imports (but would rise to 25% at the start of 2019) instead of the outright 25% initially announced. In response, China responded ...

Chief economist update: Japan's sun shines

BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
... contribution to GDP growth in the June quarter. Net exports subtracted one percentage point from overall GDP growth as imports grew faster than exports. Imports rose by 0.9% in the June quarter following a 0.2% increase in the first quarter further underlining ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... week. Now that the "public comment" period is over, Trump is expected to impose tariffs on US$200 billion worth of Chinese imports and later threatened to tax another US$267 billion of goods coming from China. This would certainly prompt retaliation ...

Chief economist update: Blame the US economy for the widening trade gap

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
... July from a US$67.9 billion shortfall in the previous month. The US economy's relative strength continues to suck in imports - up 0.9% in July versus 0.6% in the previous month - but exports fell another 1.7% over the month on top of a 1.2% decline ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
... ¥720.7 billion surplus in the previous month... but for good reasons. Exports grew by 3.9% in the year to July while imports expanded by 14.6% over the same period (from 2.6% in June). The acceleration in imports suggests strengthening Japanese domestic ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... PCE price inflation was at 1.9% in June. The US economy has withstood the tariff levied by China on US$34 billion of US imports in retaliation to America's imposition of the same amount on July 6. The Trump administration is reportedly preparing ...