HK-China trade data gap widens to US$13.5b
Discrepancy a sign of more fake export-invoicing, leading to distortion of economic figures
Beijing
THE gap between China's reported exports to Hong Kong and the territory's imports from the mainland widened in September to the most this year, suggesting fake export-invoicing is again skewing China's trade data.
China recorded US$1.56 of exports to Hong Kong last month for every US$1 in imports Hong Kong registered, leading to a US$13.5 billion difference, according to government data compiled by Bloomberg.
Hong Kong's imports from China climbed 5.5 per cent from a year earlier to US$24.1 billion, figures showed on Monday; China's exports to Hong…
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