Chinese Orders to US "Unexpectedly" Jump Ahead of Summit, Companies Prepare for Trade Stability, Survey Shows
Orders for Chinese goods from US companies saw an unexpected surge in the weeks leading up to the recent US-China summit, according to a survey by New York research firm China Beige Book. The index measuring US orders jumped to 13 in September, up from -12 in the same period last year and 3 in August. This suggests that businesses are preparing for continued stability in relations between the world's two largest economies, alongside an improvement in China's relative tariff position. This follows an agreement between the US and China to extend their trade truce by two months, until January of next year.
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Source:CNBC头条 · Source Link
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