www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Make me your Homepage
left corner left corner
China Daily Website

China's trade engine

Updated: 2014-02-13 07:36
( China Daily)

The better-than-expected trade growth in January does not necessarily guarantee a strong sustained start in 2014, because the Lunar New Year, which fell at the end of January this year, makes the trade figures volatile at the start of each year.

But it does amount to a serious challenge to exaggerated pessimism, which not only prematurely takes for granted a slowdown of the world's second-largest economy, but also mistakes it for an imminent threat to the fragile global recovery.

The latest statistics show China's exports rose 10.6 percent year-on-year in January, more than double the 4.3-percent growth in December, while imports were up 10 percent.

Such double-digit growth in trade figures has surely come as an upbeat surprise when the market generally expected flat growth.

Given that China has considerably cut its dependence on exports as a key driver for growth in recent years, it is far from certain if accelerated trade growth will be enough to assure similar expansion of the overall economy.

Recent reports that the stocks of iron ore in Chinese ports are approaching a record high of 100 million tons do not bode well for investment growth. But in the meantime, strong consumption growth during Spring Festival is clear evidence of the ever-growing role Chinese consumers are playing in driving domestic economic growth.

In the absence of investment and consumption data, one should definitely not read too much into a single month's trade figures.

Yet, the fact that China's $4-trillion trade engine, probably the world's largest, is humming soundly should be enough to call into question the strange pessimism about the Chinese economy.

Since China registered a 7.7-percent GDP growth last year, some people have seized on the fact it is the slowest expansion in more than a decade to fuel fears that an unstoppable slowdown of the fastest-growing major economy will dent global demand and affect the global recovery.

It is one thing to forget the performance of many other catch-up economies which indicates it is all but inevitable for China to experience some slower growth after explosive growth for more than three decades.

It is another thing to spread groundless pessimism in the face of the growing size of the world's second-largest economy which has adequately enabled it to contribute more to the global recovery even with less growth at home.

January's trade figures have explicitly proved both the resilience of China's export sector and its increasing contribution to global demand.

8.03K
...
主站蜘蛛池模板: 色偷偷亚洲男人天堂 | 亚洲免费视频一区二区三区 | 欧美同性videos在线可播放 | 114毛片免费观看网站 | 韩国美女高清爽快一级毛片 | 免费国产成人手机在线观看 | 美女黄视频在线 | 亚洲国产欧美日韩 | 久操精品视频 | 免看一级一片一在线看 | 亚洲www在线 | 一级黄色欧美片 | 国产欧美亚洲三区久在线观看 | 国产精品亚洲午夜不卡 | 中国胖女人一级毛片aaaaa | 九草在线免费观看 | 欧美成人免费tv在线播放 | 欧美日本一道高清二区三区 | 九九九国产视频 | 毛片免费视频 | 亚洲国产天堂久久综合网站 | 一级做性色a爰片久久毛片 一级做性色a爰片久久毛片免费 | 伊人久久大香线焦综合四虎 | 欧美在线黄 | 国产精品久久久久久久y | 华人色| 国产精品久久久久久久人热 | 国产1000部成人免费视频 | 国产年成美女网站视频免费看 | 久草在线资源网站 | 日本加勒比高清一本大道 | 一区二区国产在线播放 | 欧美一区二区三区精品国产 | 国产精品系列在线一区 | 国产一区二区三区四区在线观看 | 97在线视频观看 | 一级做a爱过程免费观看 | 伊人久久精品午夜 | 一色屋成人免费精品网 | 怡红院免费的全部视频 | 亚洲手机视频 |