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Exports Continued To Rebound In Imports In October To Move Out Of Negative Growth

Benefit from the recovery of overseas economies

, and pull the domestic economy rebounded strongly, exports fell in October will continue to narrow, analysts generally believe that the future of China's sustained economic recovery, strong recovery in imports, is expected out by year's end negative growth.

7 institution on October imports increased by 2% of the median forecast, the forecast increase in export value of -13%, compared to the third quarter decline in both imports and exports narrowed the data.

It is noteworthy that China's economic recovery boosted demand for foreign products, to accept the Economic Observer Network survey seven institutions in four analysts to October imports grew a time when the forecast.

Out of negative growth in imports


Sustained recovery in economic growth, accompanied by the restoration of market confidence. By the strong rebound in the domestic economy, driven in by the end of China's imports are expected to be out of negative growth. Economists agreed that the future of China's economic recovery will be sustained, and the resulting strong domestic demand, leading to decline in imports over the previous year will continue to narrow. Isolate

Hongyuan Securities analyst said macro-China economic recovery, the global economic recovery, coupled with Christmas and New Year holiday effect, pick up in external demand, continued improvement in export momentum.

Dongxian An Industrial Securities, also said the strong recovery in consumption and investment in China also boosted the demand of foreign products, a strong rebound in Chinese imports. Bank of Communications Gao Qing Qiu believes that, by the strong rebound in the domestic economy, driven out of our imports would by the end of negative growth.

Spoken and Shanghai Pudong Development Bank, pointed out that the domestic fixed asset investment will maintain high growth leading to domestic demand, European and American economies need recovery, processing import growth, the sustainability of strong import growth.

Exports will continue to rise Exports rebounded chain has been going on for months, while PMI data also indicate a future trend will remain the export situation.

9 PMI new export orders index was 53.3% for 5 months, more than 50% and keep rising. 9, after a seasonally adjusted trend in new export orders was 53.8%, since January 2009 has continued to rise. September quarter exports adjusted annual rate of chain off the trend by 13.6%, since December 2008 and has been keeping up bottom.


Dongxian An Industrial Securities believes that the current major economies are in recovery, the gradual recovery of consumption in the U.S. and Europe: the EU's wholesale and retail trade index up in May 2009 bottom -12.2% to -11.6% in July; the United States year in September retail sales was -5.1%, has 5 consecutive months of rising consumer spending in August was -0.3% year over year, for 3 months up. Increase the recovery of overseas economies, China's external demand.

Spoken and Shanghai Pudong Development Bank said that in October PMI index remained increased exports, taking into account the traditional Western festival draws near, export growth should be maintained to the average since 2000, and slightly lower than the chain ring in 2006 than the level of speculation, October exports about 111 billion U.S. dollars, up by -13.6%, a decline continued to narrow. 4 quarter of the export situation will further rise, mainly due to the economic recovery of Western countries, traditional festivals and other factors driving. However, the relative decline in domestic demand abroad, China's labor cost advantage relative to Southeast Asian countries declined, the new economic cycle, the level of export growth in decline the prior week period. More "" HC refractory Network China Refractory Information Network China Refractory Network

Exports Continued To Rebound In Imports In October To Move Out Of Negative Growth

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