According to Yonhap News agency 9th, with the United States, Germany and China's latest trade data, the "Big three" trade situation will become the cornerstone of world trade recovery. The US trade deficit grew by $1 billion trillion and expanded to $32 billion in September, the report said in a report quoted in the US Market watch 8th. "The contraction in trade caused by the economic stagnation of the past period has begun to revive," said Moody's economist Joseph. Reuters said 8th that, contrary to expectations in August, German exports have recovered in September, while China has regained momentum in October, despite a sharp reduction in exports over a year ago. Reuters reported that the U.S., Germany, China and the United States have published the latest trade statistics to show the recovery of world trade situation. Mr. Johnson of the Peterson Institute for International Economics told Reuters that the raw material price index of the Baltic Mercantile and shipping exchange has risen by 57% over the past 6 weeks, which is also a manifestation of trade recovery. ▲ (Wang Zhisen)
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