Foreign trade decreased 7.8% y/y to USD 272.6bn in January.

By bne IntelliNews February 14, 2012
China's foreign trade decreased 7.8% y/y to USD 272.6bn in January this year. As reported by Xinhua's China Economic Information Service, exports decreased 0.5% y/y to USD 149.94bn and imports reduced 15.3% y/y to USD 122.66bn during the period. The country's foreign trade surplus was recorded at USD 16.52bn during the period. The country's export and import policy is expected to remain stable through the encouragement in foreign trade. According to a data release by the International Monetary Fund (IMF), the country's exports' contribution to its gross domestic product (GDP) growth is expected to decrease to negative value of -0.9% this year as a result of the external economy. The country is expected to continue promoting its structural adjustment and upgrade foreign trade apart from sustaining the import-boosting policies.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss