China's Export Numbers Miss Expectations

[AndrewJin]

Didn't we show very clear, first quarter result is hardly indicator as proven last year? And our minister is usually cautious about projected data with underestimate view unlike India style who brag about double digit growth and obsessed with overtaking China growth.

And you have a track record of posting negative and non constructive view anything regards to China.

Maybe we are supposed to talk about immigration again.

 

[Guynextdoor2]

Looks like demography is finally beginning to catch up with China.

 

[rcrmj]

lol funny people, especially those from primitive India, a moderate fluctuation in economy is more than common in reality......besides when our GDP has crossed $10 trillion mark, a moderate correction of our growth rate is inevitable

 

[Edison Chen]

中国经济稍微有点波动，硬度人就高潮。

 

[Beast]

lol funny people, especially those from primitive India, a moderate fluctuation in economy is more than common in reality......besides when our GDP has crossed $10 trillion mark, a moderate correction of our growth rate is inevitable

The Indians want to live in delusion, go ahead.
Feel free to add more zero to your data. That does not change the fact of continue healthy growth of China.

 

[AndrewJin]

中国经济稍微有点波动，硬度人就高潮。

集体高潮，还有他们可爱的魔笛鸡，集体幻想中。

 

[onebyone]

India super power in the world

 

[Beast]

集体高潮，还有他们可爱的魔笛鸡，集体幻想中。

印度人喜欢说霞话， 真该死的。

 

[AndrewJin]

印度人喜欢说霞话， 真该死的。

这是他们的民族性。也正是这样的民族性，造成他们今天悲催的命运，还要自我吹嘘，醉了。

 

[Beast]

这是他们的民族性。也正是这样的民族性，造成他们今天悲催的命运，还要自我吹嘘，醉了。

自悲心强！ 可怜。

 

[AndrewJin]

自悲心强！ 可怜。

他们的人均寿命还没达到我们1980年的水平，还有很多数据差距其实越来越大。一亿人十亿牲口的国家。

 

[Yizhi]

....

SPRING FESTIVAL.

Why?

It is not insignificant. It is actual performance for 1 quarter of the year. Markets and Governments closely watch these numbers for responses.

Looks like demography is finally beginning to catch up with China.

 

[Edison Chen]

Because this article didn't mention that due to the sluggish world economy, their demand for China's export drops, I think this is the main reason.

 

[cirr]

121 billion USD trade surplus in Q1 alone

Too much USD = excessive liquidity in the economy。

Yet inflation still low at 1.5%。

 

[Bussard Ramjet]

121 billion USD trade surplus in Q1 alone

Too much USD = excessive liquidity in the economy。

Yet inflation still low at 1.5%。

You know nothing about economics, it seems. Liquidity in domestic economy will be due to local currency. Rather, the situation is totally different with the PBOC trying to simulate the economy and injecting liquidity in the market where it is required, and trying to cool hot asset bubbles.

Because this article didn't mention that due to the sluggish world economy, their demand for China's export drops, I think this is the main reason.

A very small reason.

The main reasons are these:
1. Currency Depreciation: Euro and Yen have depreciated heavily giving Japanese and European exporters cost advantage. Yen has depreciated by as much as 45% since 2012 against the Yuan. PBOC isn't trying to depreciate in fear of capital outflows, and their strategic objective to make the currency get reserve status.

2. Trade Protectionism: Gone are days when free trade was the game in town. Also a decade back, China was a small player so its surplus and trade didn't pinch, especially since their economies were rather good. But now, China has become the poster boy for getting trade benefits, and everyone seems to be going protectionist against China. The biggest industries being hit by this is Solar Panels, Steel, and the like.

3. Loosing Competitiveness:
Due to rising wages, enforcement of standards etc.