Wednesday, December 15, 2010
Fade in the European debt crisis is China's July exports or "turning point".
<P> General Administration of Customs will be held today (August 10) released in July China's import and export data. .Summarizes a number of agencies in July forecast of foreign trade data found that exports in July down 31% year on year growth rate of -39% of the range, about 35% in value, almost all agencies were lower than the June forecast of 43.9% .. .</ P> <P> the agency forecast is quite consistent, in July China's export growth will slow in the first half continued substantial growth in exports, or a "turning point." .</ P> <P> debt crisis in Europe show </ P> <P> the leading indicators - export orders in the manufacturing PMI index has declined for two consecutive months, institutional consensus forecast, July exports growth will .slowed down significantly. .</ P> <P> because the base effect last year, in addition, the impact of weak external demand has begun to emerge. .Yang Fan, the export industry analysts think Monita, Europe gradually debt crisis emerged in the world, but there seems to have little impact, but the United States and other countries pull effect of stock compensation has begun to subside. .Moneta (investment) recent research shows that the export sector, in July the chain container shipments were flat or only slightly increased, while in previous years, exports in July than normal speed, which means that the growth rate of total exports, compared with previous months .more significant slowdown. .</ P> <P> In addition, the data show that in late July has been loosened container freight. .Lu, chief economist at Industrial Bank in this regard, political commissar of the export tax rebate policy adjustment by the impact; the other hand, has been at high levels and the relevant tariffs. .</ P> <P> Wang Tao, chief China economist at UBS Securities that the yuan appreciate slightly, a weak euro and the European countries, more fiscal tightening measures this year, China's export situation will have some negative impact. .She believes that starting from the third quarter, export growth will fall. .</ P> <P> deep fear of imports fell </ P> <P> numerous agencies forecast import growth this year, "turning point" had come. .Fan Yang said recent research shows that the Middle East, Asia-Pacific shipping lines began to decline in volume, but generally not serious, whether there is "real turning point" need to be answered. .</ P> <P> in the first half, China's imports have been for the better, according to customs statistics, from January to June this year, import and export value of $ 1,354,880,000,000, up 43.1% over last year. .</ P>.
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