HONG KONG - Hong Kong’s July exports beat market expectation, jumping by 10.6% y/y (consensus: 3.5% y/y), after declining by 0.2% y/y in June. The result reflects improving exports to China, the US, and Europe. A number of other Asian economies have recently seen improving export trends, including China, Japan, Korea, Singapore, and the Philippines. However, commodity exporters such as Indonesia and Malaysia have seen weaker trends, reflecting the commodity composition of their exports.
Saturday, July 21 2018 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia