Consistent expectations show: October national trade surplus is worth 22.09 billion U.S. dollars

by Bao Zhe November 5, the "crystal ball china macroeconomic October consensus", published by the Securities Market weekly by Sina Finance's exclusive network, showed that the October national trade surplus was expected to average $22.09 billion trillion. Consistent forecast survey data show that October national trade surplus of the expected maximum value of 30 billion U.S. dollars, the lowest value of 9 billion U.S. dollars, the US $23.34 billion.　　The October national trade surplus is expected to have a significant increase in the average value of $16.88 billion compared with the actual value of September.　　November 5, Sheya, senior analyst at China Merchants Securities (600999.SH), told reporters in a telephone interview that the October trade surplus was largely related to the recent increase in export orders.　　He said that with the advent of the Christmas holiday, China's export orders have increased, exports have more substantial growth, and imports are gradually stabilized, so the October trade surplus than September increased.　　November 5, Bohai Securities macro analyst Du Zhenzheng in a telephone interview, said the next two months trade surplus into a relatively stable phase, is expected to stabilize at about 20 billion U.S. dollars.　　Du Zhenzheng said that imports, the next two months is expected to maintain stable imports, prices have a small drop in the trend of total imports will fall. Exports, Du Zhenzheng said that in the short term (11, December) export growth is basically stable. But from the 4 quarter of 2010 to the first quarter of 2011, the European economy will continue to retreat, based on international austerity, and export growth is likely to decline for a long time.　　The trade surplus is expected to stabilise at least 20 billion dollars a month in the remaining two months of the year. The agencies involved include BofA Merrill Lynch, Paris-France Securities, Standard Chartered Bank, Citibank, HSBC, Bank of China (601988.SH/03988.HK), ICBC (601398.SH/01398.HK), CICC, Wanguo, Merchants Securities ( 600999.SH).