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China's Export Numbers Miss Expectations

MarkovChain

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China's monthly trade data shows exports fell in March from a year ago by 14.6% in yuan terms, compared to expectations for a rise of more than 8%.

Imports meanwhile fell 12.3% in yuan terms compared to forecasts for a fall of more than 11%.

The numbers mean the country's monthly trade surplus has shrunk to its smallest in 13 months.

China's economy grew by 7.4% in 2014, its weakest for almost 25 years.

Analysts said recent indicators showed further signs the slowdown is continuing.

In US dollar terms, China's exports for the month fell 15%, while imports fell 12.7%.

Currency conversion factors based on US dollar and Chinese yuan movements over the last year mean some official numbers from the mainland are now reported in both currencies.

The official March data leaves the country with a monthly trade surplus of 18.16bn Chinese yuan ($2.92bn; £1.99bn).

In February, China's monthly trade surplus hit a record $60.6bn, as exports grew and imports slid back.

Analysts said the export numbers for March were a surprise.

"We can understand the imports fell because of falling imports of commodities, but exports fell so much, it was very much unexpected," said Shanghai-based analyst Nie Wen from Hwabao Trust.

However, he said one major reason for the falling exports was yuan appreciation.

Tony Nash, global vice president of Delta Economics, said the numbers took in the lunar new year period which was typically a bit volatile.

"We usually average February and March to get a true picture of what's actually happening," he told the BBC.

"If we look at February's 48% rise in exports and March's 15% fall in exports, we get a moving average of 16.7%, which is closer to where we've seen exports over the past two months."

But Mr Nash said Delta Economics was expecting a further slowdown going forward.

"In the second quarter, we'll look for an average of 9.9% year-on-year export growth and 11.7% import growth," he said.

"Trade will fall towards the back half of the year and we will look for average export growth in 2015 at 8.7% year-on-year, and import growth at 10.3% year-on-year.

China's export numbers miss expectations - BBC News
 
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China's monthly trade data shows exports fell in March from a year ago by 14.6% in yuan terms, compared to expectations for a rise of more than 8%.

Imports meanwhile fell 12.3% in yuan terms compared to forecasts for a fall of more than 11%.

The numbers mean the country's monthly trade surplus has shrunk to its smallest in 13 months.

China's economy grew by 7.4% in 2014, its weakest for almost 25 years.

Analysts said recent indicators showed further signs the slowdown is continuing.

In US dollar terms, China's exports for the month fell 15%, while imports fell 12.7%.

Currency conversion factors based on US dollar and Chinese yuan movements over the last year mean some official numbers from the mainland are now reported in both currencies.

The official March data leaves the country with a monthly trade surplus of 18.16bn Chinese yuan ($2.92bn; £1.99bn).

In February, China's monthly trade surplus hit a record $60.6bn, as exports grew and imports slid back.

Analysts said the export numbers for March were a surprise.

"We can understand the imports fell because of falling imports of commodities, but exports fell so much, it was very much unexpected," said Shanghai-based analyst Nie Wen from Hwabao Trust.

However, he said one major reason for the falling exports was yuan appreciation.

Tony Nash, global vice president of Delta Economics;, said the numbers took in the lunar new year period which was typically a bit volatile.

"We usually average February and March to get a true picture of what's actually happening," he told the BBC.

"If we look at February's 48% rise in exports and March's 15% fall in exports, we get a moving average of 16.7%, which is closer to where we've seen exports over the past two months."

But Mr Nash said Delta Economics was expecting a further slowdown going forward.

"In the second quarter, we'll look for an average of 9.9% year-on-year export growth and 11.7% import growth," he said.

"Trade will fall towards the back half of the year and we will look for average export growth in 2015 at 8.7% year-on-year, and import growth at 10.3% year-on-year.

China's export numbers miss expectations - BBC News



A PREP. GRADE CHILD REPLY IN AN EXAM :-(I LIKED IT SORRY I DON'T HAVE ORIGINAL PHOTO , BUT TRY TO GET IT)

Q- Write opposite or antonyms
S.NO. WORD OPPOSITE

1. BLACK - WITE (Instead of white)
2. DAY - NITE ( i.e he or she wrote INSTEAD OF NIGHT)
3. COLD - HOT
4. TRUE - PAKISTAN
5. ORIGINAL - CHINESE


NO TROLLS , just to share a mind of child , I will try to get the paper's photo ASAP..... I appreciated the child's thought that is why SHARING

@MarkovChain @levina
 
Last edited:
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A PREP. GRADE CHILD REPLY IN AN EXAM :-(I LIKED IT SORRY I DON'T HAVE ORIGINAL PHOTO , BUT TRY TO GET IT)

Q- Write opposite or antonyms
S.NO. WORD OPPOSITE

1. BLACK - WITE (Instead of white)
2. DAY - NITE ( i.e he or she wrote INSTEAD OF NIGHT)
3. COLD - HOT
4. TRUE - PAKISTAN
5. ORIGINAL - CHINESE


NO TROLLS , just to share a mind of child , I will try to get the paper's photo ASAP..... I appreciated the child's thought that is why SHARING

@MarkovChain @levina

One of the Pros and Cons of Indians is you are too strong at thinking, you can always get some points to beat anyone in mind. Not trolling, just my real idea after read a lot of coments in India Times.

Copy is a short cut to develop, just as America and Japan and Korea did, at that time UK, America and Germany also blamed them for copy. And now when they(America and Japan and Korea) have the Technology, they begin to blame others for copy.
And now, China do changing from a copy country to a inovation country. As India, I think India is still not a Industrialized countries, that‘s why India only copy medicine and films. And later when India begin to industralization, I wonder will you choose the hard way, buy all the Technology you need with huge money(and you can never get the best one) or also do the copy thing.
 
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One of the Pros and Cons of Indians is you are too strong at thinking, you can always get some points to beat anyone in mind. Not trolling, just my real idea after read a lot of coments in India Times.

Copy is a short cut to develop, just as America and Japan and Korea did, at that time UK, America and Germany also blamed them for copy. And now when they(America and Japan and Korea) have the Technology, they begin to blame others for copy.
And now, China do changing from a copy country to a inovation country. As India, I think India is still not a Industrialized countries, that‘s why India only copy medicine and films. And later when India begin to industralization, I wonder will you choose the hard way, buy all the Technology you need with huge money(and you can never get the best one) or also do the copy thing.
India is not an industrialised, but already highly polluted. Let's wait to see their No.1 steel production.
From WHO
most polluted cites Top20.png
 
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The article explain very clearly, chinese lunar new year disruption and yuan appreciation. Nothing to worry. February and March data can hardly be used to gauge overall performance.

Overall Quarter 1 growth in exports was 4.9%.
 
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This is last year scenario. Third quarter show a massive explode of export which make up all other first 2 quarter lower growth. I already mention Chinese New Year disruption but seems like you purposely ignoring it.

China's export growth outpaces most major economies in third quarter | South China Morning Post

Don't be too happy of the egg that haven hatched.
According to the preliminary estimation, the gross domestic product (GDP) of China in the first quarter of this year was 14,066.7 billion yuan, a year-on-year increase of 7.0 percent. The value added of the primary industry was 777.0 billion yuan, up by 3.2 percent year-on-year; that of the secondary industry was 6,029.2 billion yuan, up by 6.4 percent; and that of the tertiary industry was 7,260.5 billion yuan, up by 7.9 percent. The gross domestic product of the first quarter went up by 1.3 percent against the previous quarter.

The first quarter is mostly the worst in China.
 
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According to the preliminary estimation, the gross domestic product (GDP) of China in the first quarter of this year was 14,066.7 billion yuan, a year-on-year increase of 7.0 percent. The value added of the primary industry was 777.0 billion yuan, up by 3.2 percent year-on-year; that of the secondary industry was 6,029.2 billion yuan, up by 6.4 percent; and that of the tertiary industry was 7,260.5 billion yuan, up by 7.9 percent. The gross domestic product of the first quarter went up by 1.3 percent against the previous quarter.

The first quarter is mostly the worst in China.
Precisely, then the sourgrape indian try to smoke up data and misled readers with some insignificant first quarter report.
 
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Precisely, then the sourgrape indian try to smoke up data and misled readers with some insignificant first quarter report.
They will feel great, good for them.
Btw, I am in a small village in a province where GDP per capita is below national level, one of the worst in Central China. But I have 4G here and it has world-class infrastructure.
ImageUploadedByDefence.pk1429070545.508042.jpg
 
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You people are really delusional. When did I say anything about the GDP numbers?

Read the heading of this thread. It is export numbers. Export Numbers were seriously hit in March. The quarter growth was 4.9%.

@AndrewJin For how long do I have to endure the continuous slights and insults and insinuations launched against me as an Indian?

@Beast Try pointing out one thing that is wrong about what I said?
Rather your own premier and many other people in Chinese Government are saying that there is increasing downward pressure. Zhou Xiaochun of the PBOC said during the NPC that the Economy has slowed a bit too much for his liking.

Precisely, then the sourgrape indian try to smoke up data and misled readers with some insignificant first quarter report.

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

Precisely, then the sourgrape indian try to smoke up data and misled readers with some insignificant first quarter report.

You will have to be a trader or an economist to understand these numbers. Business reporters literally wait for these numbers. GDP figures were released today at 10 00 hours in Beijing, and I was awake at 7 30 in the morning waiting for this number for devising a response.
 
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You people are really delusional. When did I say anything about the GDP numbers?

Read the heading of this thread. It is export numbers. Export Numbers were seriously hit in March. The quarter growth was 4.9%.

@AndrewJin For how long do I have to endure the continuous slights and insults and insinuations launched against me as an Indian?

@Beast Try pointing out one thing that is wrong about what I said?
Rather your own premier and many other people in Chinese Government are saying that there is increasing downward pressure. Zhou Xiaochun of the PBOC said during the NPC that the Economy has slowed a bit too much for his liking.

It is not insignificant. It is actual performance for 1 quarter of the year. Markets and Governments closely watch these numbers for responses.
Isn't it that you post a lot of horrifying threads and then shift away? I'm curious about your next one.
Insinuation? Thanks for the new word.
 
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You people are really delusional. When did I say anything about the GDP numbers?

Read the heading of this thread. It is export numbers. Export Numbers were seriously hit in March. The quarter growth was 4.9%.

@AndrewJin For how long do I have to endure the continuous slights and insults and insinuations launched against me as an Indian?

@Beast Try pointing out one thing that is wrong about what I said?
Rather your own premier and many other people in Chinese Government are saying that there is increasing downward pressure. Zhou Xiaochun of the PBOC said during the NPC that the Economy has slowed a bit too much for his liking.



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



You will have to be a trader or an economist to understand these numbers. Business reporters literally wait for these numbers. GDP figures were released today at 10 00 hours in Beijing, and I was awake at 7 30 in the morning waiting for this number for devising a response.
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.
 
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