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

chinadaily.com.cn
left corner left corner
China Daily Website

China April export growth seen edging up from low base

Updated: 2013-05-06 14:18
( Agencies)

China's annual export growth may have picked up slightly in April due to a low comparison from a year ago, while import growth probably eased, a Reuters poll showed, suggesting the underlying momentum for both the domestic and global economies remains tepid.

Economists said the likely uptick in the year-on-year export figure cannot mask weakness in real external demand, given the patchy recovery in the US and no quick turnaround for the euro zone.

"Recent data including Korea's exports data and global leading indicators have been indicating weaker external demand growth momentum," said Yu Song, China economist at Goldman Sachs, in a note to clients.

"We expect the sequential exports growth rate to be low. However, year-on-year growth is likely to show a modest rebound, due to a low base," he added.

The median forecast of 27 economists polled by Reuters showed China's exports likely grew 10.3 percent in April from a year ago, up from an increase of 10 percent in March.

Imports were seen rising 13.9 percent last month, down from a rise of 14.1 percent in March.

That would leave an estimated trade surplus of $15.1 billion, compared with a slight trade deficit of $0.88 billion in March.

Recent soft export data from South Korea and Taiwan have highlighted faltering overseas demand and sparked concerns that Asia's export-reliant economies could lose further steam in the coming quarters.

Exports from South Korea, a big supplier to the global tech industry, grew by a scant and well-below-forecast 0.4 percent in April from a year earlier, which could signal weak exports for other countries in the region.

A pair of PMI surveys last week showed the growth of China's vast factory sector eased in April as new export orders shrank, offering new signs of a delayed economic recovery.

China's exports had staged a higher-than-expected rebound in the first quarter, which some analysts said was distorted by speculative capital inflows in the guise of trade transactions betting on appreciation of the yuan currency to avoid capital restrictions.

But analysts said the spurt in export data was unlikely to be sustained in the coming months and export growth may start to trend down from the second quarter.

"With a narrowed CNY-CNH spread and tightened customs supervision on export reporting, export growth will likely fall from the artificially high numbers in 1Q," said Ting Lu, China economist at Bank of America Merrill Lynch in Hong Kong, referring to the differential between onshore and offshore yuan prices.

China's top foreign exchange regulator said on Sunday that it would increase scrutiny on exporters which channel in money disguised as trade bills.

Economists said China's import growth largely hinges on the pace of revival in the domestic demand, which was recently crimped by the government's frugality campaign and a slower-than-expected upturn in investment growth.

China's economy unexpectedly stumbled in the first quarter, growing 7.7 percent from a year ago versus a rise of 7.9 percent in the previous three months, as factory output and investment slowed.

Despite some short-term downside risks, most economists still expect a steady and gentle recovery this year, as investment growth is seen to quicken and retail sales to stabilize from the second quarter onwards.

In addition, Beijing's push for a nationwide urbanization program to help refine the economic structure will eventually reinforce the economy's internal strength and push up import growth in the longer term.

Other major data later this week is expected to show subdued factory and investment growth probably capped China's inflation in April and depressed producer prices for the 14th consecutive month, showed, further clouding the outlook for the economy.

 
 
...
主站蜘蛛池模板: 久久精品8 | av在线导航 | 成人在线观 | 99久久久久成人国产免费 | 中文字幕第6页 | 精品视频一区二区三区在线观看 | 亚洲免费av一区二区 | 激情深爱五月 | 国产精品一区二区久久久 | 欧美精品自拍 | 69国产精品视频免费观看 | 欧美福利在线观看 | 在线看片中文字幕 | 欧美激情一区 | 中文字幕久久久 | 台湾av在线播放 | 欧美激情福利 | 国产伦精品一区二区免费 | 免费av网站在线 | 国产午夜精品一区二区三区嫩草 | 国产精品99在线观看 | 亚洲欧美在线观看 | 国产99精品| 国产一级二级av | 久久蜜臀av| 黄色男女视频 | 91久久色 | 在线免费看av | 日韩高清一级 | 中文字幕在线免费视频 | 欧美性猛交xxxx | 日韩欧美中文字幕在线视频 | 国产精品一二三在线观看 | 一级无毛片 | 狠狠狠操 | 素人fc2av清纯18岁 | 国产一区色 | 成人免费一区 | 中文字幕无线码一区 | 国产又爽又黄网站 | 国产在线看 |