Sunday May 26 2013

Content about Balanced trade

April 15, 2011
Rebalanced trade growth

China’s much improved trade growth is not only the welcome result of the country’s strenuous efforts to boost domestic consumption, it is also cause for optimism that more balanced international trade will help sustain the ongoing global recovery.
Figures from the General Administration of Customs showed that, on the back of a 29.5-percent increase in the total value of imports and exports, China saw a trade deficit of $1.02 billion from January to March this year, the first quarterly trade deficit in six years.


China’s much improved trade growth is not only the welcome result of the country’s strenuous efforts to boost domestic consumption, it is also cause for optimism that more balanced international trade will help sustain the ongoing global recovery.


Figures from the General Administration of Customs showed that, on the back of a 29.5-percent increase in the total value of imports and exports, China saw a trade deficit of $1.02 billion from January to March this year, the first quarterly trade deficit in six years.


January 14, 2011
A balanced locomotive

China’s fast-expanding trade volume and shrinking trade surplus in 2010 make a good cause for optimism. Domestically, more balanced trade growth will enable this country to shift rapidly away from its dependence on exports for growth. Worldwide, the continuous rise of China as a leading trade power also contributes significantly to a rebalanced global recovery.
Latest statistics show China’s foreign trade jumped 34.7 percent from a year earlier to US$2.97 trillion in 2010, while its trade surplus decreased 6.4 percent to US$183.1 billion, the second year in a row surpluses fell.


China’s fast-expanding trade volume and shrinking trade surplus in 2010 make a good cause for optimism. Domestically, more balanced trade growth will enable this country to shift rapidly away from its dependence on exports for growth. Worldwide, the continuous rise of China as a leading trade power also contributes significantly to a rebalanced global recovery.


Latest statistics show China’s foreign trade jumped 34.7 percent from a year earlier to US$2.97 trillion in 2010, while its trade surplus decreased 6.4 percent to US$183.1 billion, the second year in a row surpluses fell.


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