News

China Exports (YoY) CNY: 8.4% (September) vs 4.8%

China Customs spokesperson, on U.S. imposing shipping fees:

• US measures is a typical show of unilateralism and protectionism
• China’s countermeasures are necessary, are defensive actions
• China’s measures aim to safeguard legitimate rights of Chinese industries and firms
• Hope the U.S. can face up to its own ‘mistakes’
• Hopes U.S. gets back to the correct track of communication and negotiations

This article was written by Eamonn Sheridan at investinglive.com.

Komeito doesn’t rule out opposition party cooperation: Kyodo

Kyodo reporting.

Komeito is the junior partner in the coalition with the LDP. Negotiations are ongoing between the two.

This article was written by Eamonn Sheridan at investinglive.com.

US President Donald Trump shared some conciliatory remarks in his post on Truth Social on Sunday, noting that China’s economy “will be fine” and that the US wants to “help China, not hurt it.”

China Customs vice minister:

• Great efforts are needed to stabilise foreign trade in Q4
• In Q1-Q3, China’s foreign trade has shown resilience with improving structure
• Current external environment still complex and grim with rising uncertainties
• According to a Customs survey, Chinese exporters confidence index has improved for five straight months
• Survey shows Chinese importers confidence index has improved for three straight months

This article was written by Eamonn Sheridan at investinglive.com.

China auto industry body CPCA:

• China sold 2.3 mln passenger cars in Sept, up 6.6% y/y
• from a 4.9% increase in August
• Tesla Inc exported 19,287 China-made vehicles in September

This article was written by Eamonn Sheridan at investinglive.com.

Chinese YTD trade data

China Jan-Sept yuan-denominated exports +7.1% y/y

• Jan-Sept yuan-denominated imports -0.2% y/y

Q3 yuan-denominated imports +4.7% y/y

more to come

This article was written by Eamonn Sheridan at investinglive.com.

ANZ Research says China’s economic separation from the United States is set to deepen as trade frictions escalate. Chief economist Raymond Yeung wrote that while overall exports have held steady, China has steadily diversified away from the US, with direct shipments to America falling to 12% of total exports as of August 2025, down from 19% in 2018.

Yeung said Beijing’s decision to impose rare-earth export restrictions signals growing confidence in achieving 5% economic growth this year, even in the face of a potential 100% US tariff. He added that the Trump administration is likely to move swiftly, possibly inviting retaliatory action from China.

“This tit-for-tat dynamic is likely to persist for some time,” Yeung wrote, describing it as the new normal in China–US economic decoupling, marked by cycles of negotiation and renewed tension.

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ps. Chinese equities are bouncing after their opening gap lower.

This article was written by Eamonn Sheridan at investinglive.com.

AUD/USD advances after registering around 1.25% losses in the previous session, trading around 0.6530 during the Asian hours on Monday. The pair lost ground due to renewed trade tensions between Australia’s close trading partner, China, and the United States (US).