Export growth in March is expected to rebound from the trough of February, but exports will have to decline later this year as global demand slows, UBS Securities reported March 10. The temporary trade deficit has little impact on the renminbi's exchange rate, it said. China's import and export growth rate fell sharply in February, with year-on-year growth falling to 2.4% and 19.3% per cent, a report by Wang Tao, chief economist at UBS Securities China, said. However, there is no need for investors to be overly concerned about the slowdown in foreign trade or the trade deficit. Because, will 1 、...
As overseas markets begin to show signs of recovery, Chinese video games and accessories suppliers are optimistic about export growth in 2010. Global Resources Global Sources (NASDAQ:GSOL) "China Procurement Information report – Video games and accessories" shows that 36% of Chinese video games and accessories suppliers surveyed expect sales to grow by more than 20% and 45% are expected to grow 10% to 20%,14% Sales growth is expected to be lower than 10%,5% expects sales to be flat. "China Sourcing Information report – Video games and accessories ...
Affected by seasonal factors, import and export growth in February may be significantly reduced "Caixin net" (reporter Chen) economists expect that in February 2011, China's trade surplus will continue to narrow the January trend. According to the financial and new media to the domestic and foreign securities companies, commercial banks research departments of the questionnaire, 18 feedback economists, most of the expected February China's import and export growth fell back from January, the trade surplus forecast average of 4.38 billion U.S. dollars, compared with the January 6.5 billion U.S. dollars continue to narrow. The general administration of Customs will release the February import and export data on Thursday (March 10). UBS certificate ...
October 15, the "China Commodity export trade vane," said the 116th session of China Import and export Commodities Fair (referred to as Canton Fair) officially opened, including Haier in hundreds of Chinese home appliance enterprises, respectively, to the world to show the forefront of High-tech products. Among them, Haier freezer not only set the industry's highest export order records, its exhibition of "NO FROST" vertical freezer also broke the refrigerator industry frosting barriers. According to the General Administration of Customs spokesman Yuesheng, the first three quarters of this year, China's foreign trade and import and export showed a quarterly upturn, especially in the third quarter of this year export growth ...
2014 1-August the latest data on the import and export of electronic information products show that the first 8 months of China's white electricity and air conditioning exports amounted to 14.8 billion U.S. dollars, an increase of 1%, and Haier white electricity plus air-conditioning exports increased by as much as 5%, leading the home appliance industry exports warmer. As you can see from the data, washing machine, Haier exports to achieve a 21% growth, export growth of up to 27%, stabilize the industry first; electric water heater has also maintained the industry's growth rate, exports year-on-year growth of 27%, export volume increased by 29%; Freezer exports also achieved a larger growth, year-on-year growth ...
Bank of China 27th, in 2010, the Bank of China played the overall advantages of the group's institutional linkage at home and abroad to achieve international settlement volume of 1.97 trillion U.S. dollars, the annual international Settlement of the banking industry record, for many years to maintain the world's first. According to statistics, in 2010, the mainland institutions of China's international trade settlement volume of more than 900 billion U.S. dollars, the year-on-year growth of 42%, leading China's foreign trade and import and export growth rate of nearly 7%, December the end of the market share of 31.06%, further consolidation of market dominance. 2010 the domestic and foreign institutions of the Bank of China to increase investment ...
June Broad money supply growth rate at a record high the People's Bank of China yesterday released statistics showing that by the end of June this year, China's foreign exchange reserves balance of 2.1316 trillion U.S. dollars, the first breakthrough 2 trillion U.S. dollars, an increase of 17.84%. The first half of the country's foreign exchange reserves increased 185.6 billion U.S. dollars, less than 95 billion U.S. dollars. June foreign exchange reserves increased by 42.1 billion U.S. dollars, up to 30.2 billion U.S. dollars. For the rapid growth of foreign exchange reserves, some experts pointed out that although export growth in the first half sluggish, but import growth is relatively slow, so the increase in trade surplus ...
by Bao Zhe March 7, "The Vision Cup China macroeconomic February consensus", issued by the Securities Market weekly by Sina Finance Exclusive network, shows that the average value of the trade surplus in February is around 4.7 billion US dollars. The survey found that the February trade surplus was the highest value of 20 billion U.S. dollars, the lowest value of 5 billion U.S. dollars (trade deficit of 5 billion U.S. dollars), the expected median value of 4.7 billion U.S. dollars. 601988.sh/3988.hk She Yuedong, a macro analyst at Bank of China, said in a telephone interview that export growth is expected to recover gradually in the first half of the year ...
Affected by seasonal factors, import and export growth in February may be significantly reduced "Caixin net" (reporter Chen) economists expect that in February 2011, China's trade surplus will continue to narrow the January trend. According to the financial and new media to the domestic and foreign securities companies, commercial banks research departments of the questionnaire, 18 feedback economists, most of the expected February China's import and export growth fell back from January, the trade surplus forecast average of 4.38 billion U.S. dollars, compared with the January 6.5 billion U.S. dollars continue to narrow. The general administration of Customs will release the February import and export data on Thursday (March 10). UBS certificate ...
December 16 Morning News, Ministry of Commerce spokesman Yao Jian announced foreign trade in Beijing today. November month China imports and exports 208.21 billion U.S. dollars, an increase of 9.8%, of which exports 113.65 billion U.S. dollars, fell 1.2%; Yao also said that in January-November, the national import and export value of 1.964 trillion U.S. dollars, down 17.5% per cent, exports 1,070,980,000,000 U.S. dollars, down 18.8%; imports 893.02 billion U.S. dollars, down 15.8%. Surplus 177.96 billion U.S. dollars, down 3 ...
December 2009 Foreign Trade Rapid Growth General Customs 10th issued the 2009 China's foreign trade import and export situation. According to customs statistics, China's foreign trade import and export value of 2009 to 2,207,270,000,000 U.S. dollars, compared with 2008 (same) fell 13.9%, slightly higher than 2007 trade value. Exports of 1,201,670,000,000 U.S. dollars, down 16%, import 1.0056 trillion U.S. dollars, down 11.2%. The annual trade surplus of 196.07 billion U.S. dollars, reduced by 34.2%. Customs statistics show that December 2009, China's foreign trade import and export ...
Zhang Zhahui 2nd, the China Securities newspaper, the sole publication of the CCB Research report predicts that this year's four-quarter GDP growth will be more than 10%, the annual GDP growth rate will reach about 8.3%. The report points out that the effects of the four-season contraction will continue, China's economic stability and recovery of the foundation is not strong, but in China has been implemented and will continue to introduce a series of regulatory policies, investment and consumer demand will continue to grow rapidly, import and export growth rate will be narrowed sharply, industrial production will accelerate the rebound, the price index will continue to rebound. Guo, general manager of CCB Research department, said the four-quarter money supply ...
Author: "Reporter Zhou just 10th Beijing report" The General Administration of customs released today's data shows that this year from January to February, China's import and export value of 495.83 billion U.S. dollars, compared with the same period last year 28.3%, the cumulative trade deficit of 890 million U.S. dollars. This February, China's import and export value of 200.78 billion U.S. dollars, an increase of 10.6%. Due to the impact of the Spring festival holiday, led to a marked slowdown in export growth in February, the month of 7.3 billion U.S. dollar trade deficit.
Our News (reporter Xiaoming) the general administration of customs released yesterday data showed that this February, China's import and export value of 200.78 billion U.S. dollars, an increase of 10.6%. Exports of 96.74 billion U.S. dollars, an increase of 2.4%, imports of 104.04 billion U.S. dollars, growth of 19.4%. Due to the impact of the Spring festival holiday, led to a marked slowdown in export growth in February, the month of 7.3 billion U.S. dollar trade deficit.
Securities Times reporter Sun Yuan the China Customs Foreign trade data show that the April import and export growth rate of 49.7% and 30.5%, foreign trade surplus, for 1.68 billion U.S. dollars. Foreign investment bank analysts believe that the rebound in exports from the mainland shows a double pull for external demand rebounding and export structure escalation, but in the medium term, exports are likely to fall as a result of the credit crunch and the European debt crisis, as demand for commodities weakens and imports grow faster. Goldman Sachs believes that the March trade deficit was a temporary phenomenon, because the very depressed exports and unusually strong imports were not available.
Chen Deming, Commerce minister, said at a press conference yesterday that the overall situation of China's foreign trade was generally optimistic, but there were still some uncertainties. He also pointed out that China's export growth could come down this year as a result of the risk factors for the global economic recovery and the continued rise in domestic labour and raw material costs. However, with the promotion of domestic industry and the related import facilitation policy, China's import growth rate will be higher than exports. As a result, he predicts a further decline in China's trade surplus as a share of GDP in the future, and perhaps even a trade deficit in some months this year. In fact, this direction with the government down ...
China Economic Network Beijing March 22 (reporter Liu Yangwu) Ministry of Commerce spokesman Yao Jian said this morning that January-February this year, China's imports and exports 495.83 billion U.S. dollars, an increase of 28.3%. Import and export growth has fallen sharply and prices have risen markedly. Yao said that according to customs statistics, January-February, China's import and export 495.83 billion U.S. dollars, an increase of 28.3%. Among them, exports 247.47 billion U.S. dollars, growth 21.3%; imports 248.36 billion U.S. dollars, growth 36%. February, China's import and export 200.78 billion U.S. dollars, an increase of 10.6%. ...
China's General administration of Customs March 10 released the Import and export statistics, said that due to the impact of the Spring festival holiday, led to a marked slowdown in export growth in February this year, the month of the 7.3 billion U.S. dollar trade deficit, significantly exceeded market expectations. The January-February deficit amounted to $890 million trillion. The February trade surplus forecast averaged $3.59 billion trillion, with a median of $3.25 billion trillion, according to data from the chief economist of First financial research. Customs statistics show that this February, China's exports of 96.74 billion U.S. dollars, an increase of 2.4%; Import 104.04 billion ...
December 16 Morning News, Ministry of Commerce spokesman Yao Jian announced foreign trade in Beijing today. November month China imports and exports 208.21 billion U.S. dollars, an increase of 9.8%, of which exports 113.65 billion U.S. dollars, fell 1.2%; Yao also said that in January-November, the national import and export value of 1.964 trillion U.S. dollars, down 17.5% per cent, exports 1,070,980,000,000 U.S. dollars, down 18.8%; imports 893.02 billion U.S. dollars, down 15.8%. Surplus 177.96 billion U.S. dollars, down 3 ...
March 10, Customs statistics show that the total value of China's imports and exports in February amounted to 200.78 billion U.S. dollars, an increase of 10.6%, the pace of export growth in February slowed markedly, the month of 7.3 billion U.S. dollar trade deficit, to surprise the market. Institutional experts on Sina Finance said, excluding the January export-intensive and spring festival factors, the renminbi appreciation played a certain role. The effect of the Spring Festival on the export of RMB appreciation the customs statistics show that February this year, China's exports of 96.74 billion U.S. dollars, an increase of 2.4%; imports 104.04 billion U.S. dollars, growth 19.4%, the month appeared 7 ...
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