American businesses ramped up orders for Chinese goods in the weeks leading up to the high-stakes summit this week, as companies positioned for continued stability between the world's two largest economies. The jump in orders was a "surprise," with shipments to the U.S. rising on both a yearly and monthly basis "as China's relative tariff position improved," according to China Beige Book, a New York-based research firm that surveyed 1,296 Chinese companies between Sept. 1-22. The gauge measuring orders from the U.S. — calculated as the proportion of surveyed firms reporting an increase minus the share reporting a decrease — jumped to 13 in September, from negative-12 a year earlier and 3 in August, according to the report.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.