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The Bilateral Trade Increase in Q3 Likely Won’t Last

China Market Intelligence John Clark, Bowei Wang, Gavin Fu

Key Takeaways

  • US-China trade in goods experienced its first quarterly increase after three consecutive quarters of decline.
  • Bilateral trade still lagged 20 percent behind the same period last year, owing to shifts in trade patterns and economic woes.
  • Bilateral trade declined 7.2 percent year-on-year during October, signaling a potentially bumpy close to the year.

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