Weak foreign demand growth, China's trade surplus has decreased trend

Recently, the General Customs Administration published data show that 10 months by 2010, China's imports and exports worth 36.3%, import, export and import are respectively over the level for the full year 2009. In this regard, some experts said that although the Chinese foreign trade remain stable growth, but the future development of foreign trade still faces a shortage of foreign demand, increased trade protectionism, and so on, must maintain a "high alert". While trade surplus of reducing the phenomenon will continue.

Foreign demand growth momentum vigilance future monetary war

Customs published data show that by 2010 10 months, China's imports and exports worth $ 23934.1 billion, of which exports 12705.9 billion, an increase of 32.7%; import 11228.2 billion, an increase of 40.5%. Experts point out that, at present, there are a variety of global economic uncertainty, the Chinese foreign trade situation "not optimistic". Department of Commerce's international trade and economic cooperation Research Institute researcher Li said that the world economic recovery is a tortuous and lengthy process that next year the international market demand growth space is limited, the global economy may be a long period of low water.

National development and foreign economic Institute Zhangyansheng said that from January to October, China's foreign trade growth faster, to a large extent, and the needs of the global economic recovery, and then inventory increased warming cycle. "On the Chinese exports, foreign demand is important, you can account for 70% to 80%. "Zhangyansheng said recently, studies of the economic downturn is a foregone conclusion, and the United States quantitative easing might bring the bubble effect, stimulating the economic prosperity of Europe, Japan and rendering false.

The real economy and the impact of the bubble economy will determine foreign demand fundamentals. "Once the bubble burst, China's economy and foreign trade will be adversely affected. "For future trade protectionism trend, zhangyansheng said:" next year is likely to appear for the China trade wars and monetary warfare. "

Trade surplus decreasing

The data from the Customs announced that, at present, China's trade surplus decreasing trend is still solid. To this end, the Commerce Department spokesman Yao Jian recently in a regular meeting on Commerce News said that the year overall, China's trade surplus will continue to reduce the export growth rate is expected to fall further, but because of the import prices of factors has emerged, the import may also be expanded.