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PR Newswire
09-09-2013, 09:59 AM
Imo, the improvement on export is mostly due to improvement of US and Europe's economics...
This is one of the important indicator for China's policy decision...
China’s exports last month beat forecast
BEIJING — China’s exports increased more than estimated last month, adding to evidence the world’s second-largest economy is rebounding after a two-quarter slowdown.
Overseas shipments rose 7.2 per cent from a year earlier, the General Administration of Customs said yesterday. That compares with the 5.5 per cent median estimate of 46 economists surveyed by Bloomberg News and July’s 5.1 per cent gain.
Imports rose a less-than-estimated 7 per cent from a year earlier, leaving a trade surplus of more than US$28 billion (S$35.7 billion).
China’s economy is showing signs of picking up after the government announced support measures such as tax cuts for small businesses and extra spending on railways, and as confidence returns after the interbank cash squeeze in June.
Improvements in developed nations may support exports in coming months, with the euro-area returning to growth in the second quarter after a record-long recession.
...
http://www.todayonline.com/business/chin...t-forecast
This is one of the important indicator for China's policy decision...
China’s exports last month beat forecast
BEIJING — China’s exports increased more than estimated last month, adding to evidence the world’s second-largest economy is rebounding after a two-quarter slowdown.
Overseas shipments rose 7.2 per cent from a year earlier, the General Administration of Customs said yesterday. That compares with the 5.5 per cent median estimate of 46 economists surveyed by Bloomberg News and July’s 5.1 per cent gain.
Imports rose a less-than-estimated 7 per cent from a year earlier, leaving a trade surplus of more than US$28 billion (S$35.7 billion).
China’s economy is showing signs of picking up after the government announced support measures such as tax cuts for small businesses and extra spending on railways, and as confidence returns after the interbank cash squeeze in June.
Improvements in developed nations may support exports in coming months, with the euro-area returning to growth in the second quarter after a record-long recession.
...
http://www.todayonline.com/business/chin...t-forecast
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