China says its May trade surplus was $41.65 billion, significantly more than expected

CNBC ^ | PUBLISHED 4 HOURS AGOUPDATED AN HOUR AGO | Yen Nee Lee

[cba123]

China said on Monday its overall trade surplus was $41.65 billion last month, significantly more than expected as the trade impasse between Washington and Beijing drags on.

Economists polled by Reuters had expected China to post an overall trade surplus of $20.5 billion in May.

(Please see link, for full article)

[cba123]

This upcoming talk between China and America, seems to be for all the marbles.

Just one view.

Go Donald, go Donald, go Donald. :)

[cba123]

https://www.cnbc.com/2019/06/10/chinese-economy-china-releases-may-trade-data-exports-and-imports.html

[logi_cal869]

“China says”

‘nuff said.

[JoSixChip]

Wow, cnbc printing propaganda for the enemy. This is the state of media in America.

[4rcane]

Instead of US price going up by 25%, China is actually losing 25% profit. This is why there’s no change to their trade surplus. China is eating the losses

[rbmillerjr]

If China wants to portray that everything is just fine and they continue cheating the WTO rules, then we should go ahead with all of the increasing tariffs.

[txrefugee]

Nobody believes the lying Chinese Communists, do they?

[cba123]

No. BUT...

There is a large amount of people who sold out to China.

Every one of them wants to protect the current, pro-Chinese system.

They will ALL be loudly fighting the change, every step of the way.

Loudly.

[Moonman62]

China said on Monday its overall trade surplus was $41.65 billion last month,... Economists polled by Reuters had expected China to post an overall trade surplus of $20.5 billion in May.

...

A 100% discrepancy. How can that be?

[ConservativeMind]

American businesses front loaded a bunch of merchandise purchases to get them in before even higher tariff percentages might have occurred?

[LesbianThespianGymnasticMidget]

They are subsidizing their production cost kicking in 25% incurring financial loss but will make it up with volume. Go CCP. Pump up the volume. Dance, Dance.

[dynoman]

That’s true, a study was done on it;

http://www.econpol.eu/publications/policy_brief_11

https://www.bloomberg.com/news/articles/2018-11-19/china-is-paying-for-most-of-trump-s-trade-war-research-says

[dynoman]

http://www.econpol.eu/press_releases/pm_2018-11-19