this post was submitted on 09 May 2025
59 points (96.8% liked)

World News

1173 readers
463 users here now

Rules:

  1. Be a decent person
  2. No spam
  3. Add the byline, or write a line or two in the body about the article.

Other communities of interest:

founded 8 months ago
MODERATORS
[email protected]
[email protected]
[email protected]
59
China’s exports surge as shipments to Southeast Asian countries offset plunge in U.S. trade (www.cnbc.com)
submitted 3 weeks ago by [email protected] to c/[email protected]
7 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 5 points 3 weeks ago (2 children)

"Exports jumped 8.1% last month in U.S. dollar terms from a year earlier, according to data released by China’s customs authority on Friday, sharply beating Reuters’ poll estimates of a 1.9% rise."

[–] [email protected] 1 points 3 weeks ago (1 children)

The US dollar lost like >5% of its value though.

2024-04-30: 1 USD = 0.93 EUR = 0.91 CHF = 0.80 GBP

2025-04-30: 1 USD = 0.88 EUR = 0.83 CHF = 0.75 GBP

The 1.9% estimate of Reuters might be accurate if adjusted to the USD losing value.

[–] [email protected] 3 points 3 weeks ago

That's fine, I was just quoting the first sentence of the article as the individual seemed to think the article was discussing tonnage instead of sales.

[–] [email protected] 1 points 3 weeks ago

That's good, I definitely missed that when I looked through the article.