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China'S Import And Export Growth Is Expected To Remain Strong In January.

2011/2/10 11:58:00 53

China Customs will announce January foreign trade import and export data in January 10th.

Many institutions have pointed out that China's import and export materials will remain strong in January, while the monthly surplus will be narrowed slightly.

Wang Tao, chief economist of UBS Securities, believes that China in January

Exit

Growth will remain strong.

"Export"

Order

It has been strong in the past few months.

We expect exports to grow by about 18% in January compared with the same period last year.

At the same time, import growth is also strong (especially the rise in import prices).

This led to a reduction in the trade surplus in January. "

She said.

Goldman Sachs Gao Hua also released the latest report that China's import and export growth is expected to rebound.

The report believes that export growth in January will rise from 17.9% in December to 25%.

In addition, import growth is supported by strong domestic demand and rebound in upstream commodity import prices, up from 25.6% in December to 33% in January.

Societe Generale Bank senior economist Lu commissar predicted that exports will remain stable in January.

Imported

It may continue to grow.

He believes that from China's export container pport market data, although the volume of cargo growth in North America, Europe and the Mediterranean was weak in the first half of 1, the volume of export container cargo rebounded significantly in the middle and later ten days of the Spring Festival.

Overall, volume remained stable in January.

While imports are likely to continue to grow, weekly data from the world tanker pport market show that 1 large and medium sized oil tankers in mid and early June to mainland China are more likely to import crude oil.

Accordingly, he predicted that China's export growth in January will fall into the 18.0-21.4% range, with a median value of 19.7%, up 1.8 percentage points from December of last year, and the year-on-year growth rate of imports will continue to go up to 26.0-28.5%, with a median value of 27.3%, up 1.7 percentage points from December of last year. The surplus may be between 80-114 billion US dollars and the median value is 9 billion 700 million US dollars, down 3 billion 400 million US dollars from last month.