China's October Exports Topped Estimates

The video discusses the increase in export numbers to 15.6% in October, compared to 14.4% in September, surpassing estimates of 11.7%. It highlights the impact of upcoming tariff increases from 10% to 25% on $200 billion worth of goods, leading to front-loading of orders. The weaker yuan, down 7% year-to-date, supports Chinese exporters. Import numbers also rose by 26% in October. Chinese policies, including infrastructure boosts and increased tax rebates, are aiding exports. Economists predict a different economic picture in early 2019 if tariffs rise.

What was the export growth percentage for October compared to September?

• 25%

• 15.6%

• 14.4%

• 11.7%

Why were orders being pushed through before January 1st?

• To avoid increased tariffs

• To benefit from tax rebates

• Due to a stronger yuan

• Because of decreased demand

What was the percentage increase in imports for October?

• 14.4%

• 7%

• 17.5%

• 26%

Which policy was NOT mentioned as supportive for exporters?

• Decreasing tariffs

• Boosting infrastructure

• Increased tax rebates

• Increasing credit supplies

What do economists predict for early 2019 if tariffs increase?

• Increased export numbers

• A different economic picture

• A similar economic picture

• A stronger yuan