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China's export analysis from August to October Nov 12, 2021

According to the analysis of the research report, the exports from Europe and the United States to China has strengthened in last past October. And the United States imports from China in September rose sharply from 29% in August to 33.4%, which may relate to the outbreak in Southeast Asian countries. This has caused the export of Southeast Asian countries to be severely limited. Therefore, the China's export market has been recovery to some extend. And the China export in October has increased slightly. It may be more related to Christmas demand.

Meanwhile, the manufacturing PMI of European and American countries has continued to fall from August, so export from China may have passed the fastest grown period. After the Christmas import demand from European and American countries, especially as the epidemic in Southeast Asia and other underdeveloped countries is under control, and the bottleneck problem of the supply chain (transportation) in European and American countries is alleviated, China's export growth rate will face a gradual decline pressure.

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