According to customs statistics, and in July, our country export $176.94 billion, up 1%; $25.15 billion trade surplus, narrow 16.8%. After the season, July export annulus comparing fell 4.2%, imports fell by 5.8% month-on-month.
From ubs securities of China’s chief economist WangTao analysis thinks, the global economic downturn indexes, including the recent U.S. ISM index and German IFO index last fall, the bilateral trade has negative growth,China’s export of downside risk to the third quarter rose.
Barclays capital economists HuangYiPing said, consider to continue to reduce new export orders of the PMI,yiwu trade export growth is expected to slow further.
Cost increase foreign demand, reduce, let a large number of foreign trade enterprise in the internal conflicts in trouble and survival. At the same time, some foreign brand in China have its manufacturing factory moved, no doubt, it is the domestic OEM enterprise must face a real problem.
DBS bank in the greater China region, a senior economist LiangZhaoJi expected, the contribution of net exports to GDP is more and more small, so the investment and consumption will take the responsibility for promoting the economic increase of the main responsibility.
Traffic bank financial research center is expected to report, in the future international economic growth in the short term to improve obviously, 2013 yiwu trade export will still remain low. Together with the domestic export enterprise operating costs rise, difficult to export to fundamental change, overall export growth may only future maintain at 10% or so.
This news was published by Yiwu International Trade Co.,Ltd.:
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