U.S. Orders For Chinese Goods Jumped Ahead Of Trump-Xi Summit. The Rebound Caught Researchers By Surprise.
A private survey found U.S.-bound orders jumped to 13 in September as firms bet on a steadier trade outlook.
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The indicator measuring U.S. applications, which is calculated as the proportion of respondents reporting an increase less the proportion reporting a decrease, reached 13 in September a substantial improvement compared to the -12 recorded in the same period and from 3 in August, according to China Beige Book, a New York-based research company.
US Companies Accelerated Orders for Chinese Goods Ahead of Trump-Xi Summit as Trade Tensions Ease – Survey
American businesses accelerated orders for Chinese goods in the weeks before President Donald Trump’s meeting with Chinese President Xi Jinping, signaling that companies were positioning for a period of greater stability in the US-China trade relationship after months of tariff uncertainty. The increase in US-bound orders was described as a “surprise” by China Beige Book, […]
Key takeaways According to a private survey, there was an unexpected surge in orders from American companies for Chinese products just before the meeting between US President Donald Trump and Chinese President Xi Jinping. Data from research firm China Beige Book, which surveyed nearly 1,300 Chinese enterprises in early September, indicates that shipments to […]
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