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China’s trade shifts away from U.S., even in Yiwu

China’s trade shifts away from U.S., even in Yiwu

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. The big story Three young boys eating lollipops joined me on the elevator inside the five-story Yiwu “International Trade Market,” which ships the majority of the world’s Christmas decorations. The kids ran out before…

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Singapore’s exports plunge 11.3% in August, much weaker than forecast

Singapore’s exports plunge 11.3% in August, much weaker than forecast

Singapore’s non-oil domestic exports fell 11.3% in August from the same month a year earlier, government data showed on Wednesday. Roslan Rahman | Afp | Getty Images Singapore’s non-oil domestic exports fell 11.3% in August from the same month a year earlier, government data showed on Wednesday, weaker than analysts’ estimates as exports of both electronics and non-electronics fell. The fall compared with a Reuters poll forecast for an annual rise of 1.0%,…

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