In July, China's total automobile exports reached 553,000 units, a year-on-year increase of 26.2%.

16:28 05/09/2024

In July 2024, China's total automobile exports reached 553,000 vehicles, a month-on-month increase of 13.6% and a year-on-year increase of 26.2%. The export value reached $9.98 billion, a month-on-month increase of 14.3% and a year-on-year increase of 13.8%.

According to the data from the General Administration of Customs compiled by the China Association of Automobile Manufacturers, in July 2024, China's total automobile exports reached 553,000 units, an increase of 13.6% compared to the previous month and 26.2% compared to the same period last year. The export value reached 99.8 billion US dollars, up 14.3% compared to the previous month and 13.8% compared to the same period last year. From January to July 2024, the total automobile exports reached 3.484 million units, an increase of 25.4% compared to the same period last year; the export value reached 65.15 billion US dollars, an increase of 18% compared to the same period last year.

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100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.