日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Macro

Robust trade eases slowdown worries

By Li Jiabao (China Daily) Updated: 2014-02-13 08:27
 
 
Robust trade eases slowdown worries
Analysts had expected a weak trade performance last month, given the base effect. In January 2013, widespread over-invoicing of exports took place to disguise capital inflows.

The weeklong Lunar New Year holiday, which began on Jan 31 this year - about two weeks earlier than in 2013 - was also expected to depress the January figures. Most manufacturing workers are migrant laborers who leave for their rural homes well ahead of the holiday each year, cutting the number of working days.

Robust trade eases slowdown worries

China-Africa trade moves up 

Robust trade eases slowdown worries

Foreign trade weathers storm of fluctuation 

"There is little evidence that over-invoicing artificially increased export growth data significantly in January. Instead, growth of exports to developed countries - not likely to be associated with over-invoicing - rose substantially in January.

"Thus, while we remain puzzled by the strength of the export data, they seem to point to actual strength," said a report by Louis Kuijs and Tiffany Qiu, Royal Bank of Scotland Plc economists in Hong Kong.

Yang Weixiao, a senior analyst at Lianxun Securities Co Ltd in Beijing, called the January trade figures "rosy but trustworthy", because the mainland's exports to Hong Kong, a prime spot for fake transactions in the past, fell 18 percent in January, compared with a 2.3 percent rise in December.

"Trade growth in February may slightly slow down, but the outlook is optimistic, and trade will gradually improve in the second and third quarters this year.

"A steady improvement of exports will play a very important role this year in stabilizing economic growth and easing the risk of job losses, giving the leadership valuable opportunities to improve the economic structure," Yang said.

Concerns over a slowdown in China rose as activity in the manufacturing and services sectors eased in January.

The manufacturing Purchasing Managers' Index dropped to a six-month low of 50.5 in January, from 51 in December. The PMI for services, released by HSBC Holdings Plc, eased to 50.7 in January from 50.9 in December. A reading above 50 for either index indicates expansion.

"The surprising import acceleration in January defies concerns (over a slowdown) as China imported record volumes of iron ore, crude oil and copper. This suggests robust domestic demand and improving development of the manufacturing industries," said Liu Xuezhi, a researcher at the Bank of Communications Ltd in Shanghai.

The RBS report said trade data will remain choppy and hard to interpret in the coming months, "but we expect export momentum to continue to develop favorably in 2014, on the back of improving global demand growth".

Analysts at Haitong International Research said tapering of quantitative easing, combined with a weak recovery of global demand, difficulties in emerging countries and tight liquidity in China prompted them to "retain our view of a moderate growth in trade in 2014".

Haitong International Research has forecast 7 percent growth for exports and 9.1 percent for imports.

Commerce Ministry figures show that China's trade in services rose 14.7 percent in 2013 to $539.64 billion, accounting for 11.5 percent of overall trade.

Dai Tian contributed to this story.

 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 一级的大片 | 久久系列 | 91精品中文字幕 | 在线观看免费黄色 | 黄色大片网址 | 色婷婷中文| jizz亚洲少妇| 狠狠干2019 | 高清久久 | 999国产精品视频免费 | 欧美日韩精品区 | 操欧美女人 | 国产二区视频在线观看 | 色综合视频在线 | 色综合天天综合网天天狠天天 | 天天操网 | 国产伦理av| 男人吃奶动态图 | 97啪啪| 久国产视频 | 久久你懂的 | 久久精品www人人爽人人 | 日韩天堂网 | 色久婷婷| 中文字幕视频二区 | 久久高清 | 狠狠干av| 亚洲视频重口味 | 在线看h| 欧美a级成人淫片免费看 | 不卡的日韩av | 日韩在线欧美在线 | 四虎影库 | 成人免费视频观看视频 | 欧美一级爆毛片 | 麻豆蜜桃视频 | 国产又爽又黄又嫩又猛又粗 | 亚洲免费观看高清完整 | 日本不卡在线播放 | 国产黄色一区二区三区 | 性一交一乱一区二区洋洋av |