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China's trade with Germany up 6.2 pct in Jan-Sept

China's trade with Germany up 6.2 pct in Jan-Sept

Source - Reuters

China's total goods imports and exports with Germany reached 1.2 trillion yuan (about 179.95 billion U.S. Dollars) in the first three quarters of 2026, a year-on-year increase of 6.2 percent, according to customs data. In September alone, imports and exports totaled 146.17 billion yuan, up 11.3 percent from one year ago. Electrical equipment, electronic components, and pharmaceuticals contributed the lion’s share to the bilateral trade. In 2025, trade of goods between the two countries totaled 1.51 trillion yuan, with Germany remaining China's largest trading partner in the European Union. China's trade with Germany up 6.2 pct in Jan-Sept U.S. Stocks closed higher on Tuesday, as chip stocks rallied on the Broadcom-Anthropic financing deal. The Dow Jones Industrial Average rose 15.99 points, or 0.03 percent, to 52,377.57. The S and P 500 added 45.83 points, or 0.60 percent, to 7,722.60. The Nasdaq Composite Index gained 308.43 points, or 1.18 percent, to 26,477.81. Six of the 11 primary S and P 500 sectors ended in the green, with technology leading the gainers by adding 1.49 percent and consumer discretionary up 1.36 percent. Meanwhile, energy led the laggards, falling 2.2 percent, and real estate fell 0.91 percent. Oil prices fell for a second straight day as diplomatic efforts raised hopes of easing Middle East tensions. West Texas Intermediate crude for December delivery settled at 99.9 U.S. Dollars a barrel, down 1.8 percent, while Brent crude for December delivery settled at 113.88 dollars a barrel, down 1.67 percent, its largest one-day decline since Oct. However, UBS said it expects Brent prices to stay near 110 dollars a barrel through the end of the year. On the corporate front, Broadcom rose four percent after D.A. Davidson upgraded the stock to "Buy" from "Neutral" and raised its price target to 400 dollars from 350 dollars, citing Anthropic's initial public offering (IPO).

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