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<\/span><\/figcaption><\/figure>BEIJING: Chinese exports grew 8.5% in April, customs data showed Tuesday, displaying unexpected strength despite weakening global demand<\/a>.

Exports grew to $295.4 billion compared with a year earlier, although at a slower pace, building on momentum seen in the March data when exports rose 14.8%.

But imports shrank at a faster pace, with the total slumping 7.9% to $205.2 billion compared to the same time last year, according to data Tuesday from the General Administration of Customs. It was down 1.4% in March. Trade with the U.S. and European Union showed a contraction in comparison with last year.

China's trade surplus in April widened, growing 82.3% compared to the same period last year.

In the first four months of the year, exports edged up 2.5% over the same period of 2022 to $1.12 trillion, the General Administration of Customs of China reported. Total imports contracted 7.3% to $822 billion.

Despite that, forecasters say exports should weaken this year.

Citing the slower pace of expansion for export data compared to last month, analysts said the 8.5% figure may not reflect a real uptick in exports. \"This suggests that global demand for Chinese goods remains weak and supports our view that the jump in March had more to do with distortions to the customs data rather than a genuine turnaround,\" according to an analysis from the consultancy Capital Economics.

According to analysis from Iris Pang, chief economist at ING, the positive data was \"mainly a result of the low base from last year's COVID-19 lockdown\" when Shanghai was shut down under China's \"zero-COVID\" policy.

Global consumer demand weakened after the Federal Reserve and central banks in Europe and Asia raised interest rates to cool inflation that was near multi-decade highs by reining in business and consumer activity.

Chinese manufacturers say new orders and export orders declined in April from the previous month, according to a survey by the national statistics bureau and the Chinese Federation for Logistics & Purchasing.

The government set this year's official economic growth target at \"around 5%,\" up from last year's 3% expansion, which was the second-weakest since the 1970s. Some economists raised their growth forecasts to closer to 6% following March's unexpectedly strong trade figures.

Trade also has been dampened by tension with Washington and restrictions on access to U.S. processor chips and other technology in a feud with Beijing over security and Chinese industrial policy. Chinese factories assemble most of the world's smartphones and other electronics.

Exports to the U.S. were down 6.5% to $43 billion compared with the same period last year, and imports also fell 2.9% to $13.3 billion in April. China's trade surplus shrank 7% down to $29.7 billion.

Trade with Europe also contracted. Exports to the European Union were down 17.7% in April compared to the same time last year, to $44.7 billion. Imports also contracted, shrinking 38.6% to $23.4 billion. Meanwhile, China's trade surplus with the EU grew 31.5% to $21.3 billion.

Chinese imports from Asian producers of chips and other electronic components<\/a> are weakening, according to Simon Knapp of Oxford Economics. Knapp noted South Korea's exports to China plunged nearly 30% in the first quarter of 2023 from a year earlier, while South Korean exports to the rest of world were off by only 7%.

\"Firms in the region are responding to the poor state of U.S.-China relations,\" Knapp said in an April 24 report. \"Chinese firms are likely to be adjusting their purchasing strategies in response to these tensions and the priorities of their own government.\"

Meanwhile, China's trade with Russia showed further positive growth. Exports to Russia were triple what they were in April last year, to $9.6 billion, and imports were up 7% to $9.6 billion. China has essentially eliminated its trade deficit with Russia, with a 99% shrink of the $5.1 billion deficit in Russia's favor last year.

On April 23, the government announced steps to support struggling exporters, including making more trade finance available and encouraging cross-border e-commerce.

A five-month campaign launched April 29 was meant to increase trade by improving logistics and cutting costs for exporters in 17 cities, including Beijing and Shanghai.

The ruling Communist Party's Politburo promised at an April 28 meeting to promote economic recovery and \"expand demand\" at home, which could shore up imports of oil, food and consumer goods.
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4月份中国出口增长了8.5%,尽管全球需求疲弱

出口与去年同期相比增长至2954亿美元,尽管以较慢的步伐,构建3月势头的数据出口增长了14.8%。

  • 2023年5月9日更新是03:13点
阅读: 100年行业专业人士
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北京:4月份中国的出口增长了8.5%,周二海关数据显示,显示尽管削弱意想不到的力量全球需求。

出口与去年同期相比增长至2954亿美元,尽管以较慢的步伐,构建3月势头的数据出口增长了14.8%。

但进口萎缩速度,总下滑7.9%,至2052亿美元,与去年同期相比,周二的数据显示从海关总署。这是3月份下降了1.4%。与美国和欧盟的贸易显示收缩与去年相比。

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4月份中国的贸易顺差扩大,比去年同期增长82.3%。

今年头4个月,2022年同期出口小幅增长2.5%至1.12万亿美元,中国海关总署的报告。进口总额萎缩了7.3%,至8220亿美元。

尽管如此,天气预报说今年应该削弱出口。

引用出口扩张的步伐较慢,数据与上个月相比,分析师表示,8.5%的数字不能反映真正的出口增加。“这表明全球对中国产品的需求仍然疲弱,支持我们的观点,跳3月有更多的与扭曲海关数据而不是一个真正的转变,”咨询公司资本经济(Capital Economics)的分析显示。

根据虹膜彭日成的分析,荷兰国际集团(ING)首席经济学家,积极的数据是“主要是由于低的基础上从去年的COVID-19封锁”在上海被关闭在中国的“zero-COVID”的政策。

全球消费需求减弱后,美国联邦储备理事会(美联储,fed)和欧洲和亚洲的央行提高利率来抑制通胀控制在几十年来的高点的商业和消费者的活动。

中国制造商说,新订单和出口订单4月较上月下降,由国家统计局的一项调查显示,中国物流与采购联合会。

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政府将今年的官方经济增长目标在5%左右,“从去年3%的扩张,这是自1970年代以来为。一些经济学家他们的增长预测提高到接近6%,三月意外强劲的贸易数据。

与华盛顿的贸易也抑制了张力和限制访问美国处理器芯片和其他技术与北京在安全和不和中国产业政策。中国工厂组装世界上大部分的智能手机和其他电子产品。

对美出口下降了6.5%,至430亿美元,与去年同期相比,进口也在4月下降2.9%至133亿美元。中国的贸易顺差下降了7%到297亿美元。

也与欧洲的贸易合同。对欧盟出口下降17.7%与去年同期相比,4月为447亿美元。进口也收缩,减少38.6%,至234亿美元。与此同时,中国对欧盟的贸易顺差增长了31.5%至213亿美元。

中国从亚洲进口芯片和其他生产商电子元件削弱,据牛津经济学的西蒙·克纳普。克纳普指出,韩国对中国的出口暴跌近30%,2023年第一季度较上年同期,而韩国出口到世界其他国家的只有7%。

“公司在该地区应对美国的贫穷状态克纳普说:“中美关系在4月24日报告。“中国企业可能会调整他们的采购策略以应对这种紧张关系和本国政府的优先事项。”

与此同时,中国与俄罗斯的贸易显示更多的正增长。出口到俄罗斯三他们去年4月,进口96亿美元,增长了7%,至96亿美元。中国已经基本上消除了与俄罗斯的贸易逆差,减少51亿美元的赤字99%去年在俄罗斯的支持。

4月23日,政府宣布措施支持陷入困境的出口商,包括提供更多的贸易融资,鼓励跨境电子商务。

五个月活动启动4月29日是为了增加贸易通过改善物流,降低成本对出口商在17个城市,包括北京和上海。

执政的共产党政治局承诺在4月28日的会议,促进经济复苏和“扩大需求”在家里,这可能会提振进口石油、食品和消费品。
  • 发布于2023年5月9日下午03:07坚持
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\"\"
<\/span><\/figcaption><\/figure>BEIJING: Chinese exports grew 8.5% in April, customs data showed Tuesday, displaying unexpected strength despite weakening global demand<\/a>.

Exports grew to $295.4 billion compared with a year earlier, although at a slower pace, building on momentum seen in the March data when exports rose 14.8%.

But imports shrank at a faster pace, with the total slumping 7.9% to $205.2 billion compared to the same time last year, according to data Tuesday from the General Administration of Customs. It was down 1.4% in March. Trade with the U.S. and European Union showed a contraction in comparison with last year.

China's trade surplus in April widened, growing 82.3% compared to the same period last year.

In the first four months of the year, exports edged up 2.5% over the same period of 2022 to $1.12 trillion, the General Administration of Customs of China reported. Total imports contracted 7.3% to $822 billion.

Despite that, forecasters say exports should weaken this year.

Citing the slower pace of expansion for export data compared to last month, analysts said the 8.5% figure may not reflect a real uptick in exports. \"This suggests that global demand for Chinese goods remains weak and supports our view that the jump in March had more to do with distortions to the customs data rather than a genuine turnaround,\" according to an analysis from the consultancy Capital Economics.

According to analysis from Iris Pang, chief economist at ING, the positive data was \"mainly a result of the low base from last year's COVID-19 lockdown\" when Shanghai was shut down under China's \"zero-COVID\" policy.

Global consumer demand weakened after the Federal Reserve and central banks in Europe and Asia raised interest rates to cool inflation that was near multi-decade highs by reining in business and consumer activity.

Chinese manufacturers say new orders and export orders declined in April from the previous month, according to a survey by the national statistics bureau and the Chinese Federation for Logistics & Purchasing.

The government set this year's official economic growth target at \"around 5%,\" up from last year's 3% expansion, which was the second-weakest since the 1970s. Some economists raised their growth forecasts to closer to 6% following March's unexpectedly strong trade figures.

Trade also has been dampened by tension with Washington and restrictions on access to U.S. processor chips and other technology in a feud with Beijing over security and Chinese industrial policy. Chinese factories assemble most of the world's smartphones and other electronics.

Exports to the U.S. were down 6.5% to $43 billion compared with the same period last year, and imports also fell 2.9% to $13.3 billion in April. China's trade surplus shrank 7% down to $29.7 billion.

Trade with Europe also contracted. Exports to the European Union were down 17.7% in April compared to the same time last year, to $44.7 billion. Imports also contracted, shrinking 38.6% to $23.4 billion. Meanwhile, China's trade surplus with the EU grew 31.5% to $21.3 billion.

Chinese imports from Asian producers of chips and other electronic components<\/a> are weakening, according to Simon Knapp of Oxford Economics. Knapp noted South Korea's exports to China plunged nearly 30% in the first quarter of 2023 from a year earlier, while South Korean exports to the rest of world were off by only 7%.

\"Firms in the region are responding to the poor state of U.S.-China relations,\" Knapp said in an April 24 report. \"Chinese firms are likely to be adjusting their purchasing strategies in response to these tensions and the priorities of their own government.\"

Meanwhile, China's trade with Russia showed further positive growth. Exports to Russia were triple what they were in April last year, to $9.6 billion, and imports were up 7% to $9.6 billion. China has essentially eliminated its trade deficit with Russia, with a 99% shrink of the $5.1 billion deficit in Russia's favor last year.

On April 23, the government announced steps to support struggling exporters, including making more trade finance available and encouraging cross-border e-commerce.

A five-month campaign launched April 29 was meant to increase trade by improving logistics and cutting costs for exporters in 17 cities, including Beijing and Shanghai.

The ruling Communist Party's Politburo promised at an April 28 meeting to promote economic recovery and \"expand demand\" at home, which could shore up imports of oil, food and consumer goods.
<\/body>","next_sibling":[{"msid":100094779,"title":"Foxconn buys 300-acre site in Bengaluru","entity_type":"ARTICLE","link":"\/news\/devices\/foxconn-buys-300-acre-site-in-bengaluru\/100094779","category_name":null,"category_name_seo":"devices"}],"related_content":[],"msid":100098224,"entity_type":"ARTICLE","title":"China exports up 8.5% in April despite weak global demand","synopsis":"Exports grew to $295.4 billion compared with a year earlier, although at a slower pace, building on momentum seen in the March data when exports rose 14.8%.","titleseo":"devices\/china-exports-up-8-5-in-april-despite-weak-global-demand","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":153,"shares":0,"engagementtimems":706000},"Alttitle":{"minfo":""},"artag":"AP","artdate":"2023-05-09 15:07:07","lastupd":"2023-05-09 15:13:22","breadcrumbTags":["chip export","devices","china export","global demand","US EU trade","south korea export","electronic components","U.S. processor chip"],"secinfo":{"seolocation":"devices\/china-exports-up-8-5-in-april-despite-weak-global-demand"}}" data-news_link="//www.iser-br.com/news/devices/china-exports-up-8-5-in-april-despite-weak-global-demand/100098224">