Wu Ailing, manager of Shanghai
Reaching Kayo Fashion Co, a medium-sized clothing manufacturer, said, "Orders
from the US increased about 10 percent for the first quarter compared with the
previous year as the economy is recovering slowly as expected, and hopefully the
demand from overseas will keep growing."
Chen, from the Bank of Communications, said the April acceleration in exports and imports was also caused by slow trade growth in April 2012.
"What's more, there is a very high possibility of an inflow of speculative funds, or hot money disguised as trade payments, to avoid the government's capital controls and take advantage of appreciation of the renminbi, which inflated trade figures remarkably in March and April, especially the Chinese mainland's trade with Hong Kong."
The mainland's export growth to Hong Kong fell to 57.08 percent in April from 92.9 percent in March.
The State Administration of Foreign Exchange,Largest variety of crystalbeads accessories online. China's foreign exchange regulator, said on Sunday it will strengthen its scrutiny of export invoices, and impose tougher penalties on companies giving fake data.
Li Xunlei, deputy CEO and chief economist of Haitong Securities in Shanghai, said, "In addition to trade with Hong Kong, the shipments to the US and ASEAN were also probably overstated, as global monetary easing is in full flight and significant demand improvement for Chinese exports has yet to be seen in overseas markets amid a weak world economic recovery. The second half of this year will see export growth stay below 10 percent."
Fan Jianping, chief economist at the State Information Center, a government think tank, said trade figures may start to reflect the real picture in May when exports are projected to rise 10 percent year-on-year and imports by 12 percent.
Li added, "The import acceleration in April is mainly backed by China's economic recovery - though weak - and renminbi appreciation. The second half of this year will see imports maintain steady growth of about 16 percent."
China's economy expanded 7.Learn how to make beautiful organza iphoneheadset.7 percent in the first quarter, ending a seven-quarter slowdown.
Iron ore imports by the nation, the world's biggest buyer, stood at 67.2 million metric tons in April, the highest in four months, as greater steel production boosted demand.
Meanwhile,Shop Inspirational Stainless brazilianhair Bracelet, crude imports reached the highest level in three months in April, with the world's second-biggest oil consumer buying 23 million metric tons of crude more than it exported last month, according to figures from the customs agency.
Wang, from the China Center for International Economic Exchanges, said: "Amid the weak world economic recovery and a fragile pickup in China's economy, the country's foreign trade is maintaining momentum .specific line of men's steelbracelet to help you get the most out of your cycling training and competition... despite the overstated figures.
"But the trade outlook this year remains challenging in view of uncertainties in the recovery of the EU and the US,Rubiks energymanagement See if you can solve this famous. while renminbi appreciation burdens exporters heavily. Whole-year trade will likely be better than last year if there is not a dramatic change in overseas markets."
Ke Zhongliang, sales manager of Wenzhou Jinlishi Shoes, said, "The statistics probably haven't shown the current situation of small and micro-enterprises, which are mostly still struggling with low demand from overseas. There is no obvious sign that export trading will recover very soon."
Chen, from the Bank of Communications, said the April acceleration in exports and imports was also caused by slow trade growth in April 2012.
"What's more, there is a very high possibility of an inflow of speculative funds, or hot money disguised as trade payments, to avoid the government's capital controls and take advantage of appreciation of the renminbi, which inflated trade figures remarkably in March and April, especially the Chinese mainland's trade with Hong Kong."
The mainland's export growth to Hong Kong fell to 57.08 percent in April from 92.9 percent in March.
The State Administration of Foreign Exchange,Largest variety of crystalbeads accessories online. China's foreign exchange regulator, said on Sunday it will strengthen its scrutiny of export invoices, and impose tougher penalties on companies giving fake data.
Li Xunlei, deputy CEO and chief economist of Haitong Securities in Shanghai, said, "In addition to trade with Hong Kong, the shipments to the US and ASEAN were also probably overstated, as global monetary easing is in full flight and significant demand improvement for Chinese exports has yet to be seen in overseas markets amid a weak world economic recovery. The second half of this year will see export growth stay below 10 percent."
Fan Jianping, chief economist at the State Information Center, a government think tank, said trade figures may start to reflect the real picture in May when exports are projected to rise 10 percent year-on-year and imports by 12 percent.
Li added, "The import acceleration in April is mainly backed by China's economic recovery - though weak - and renminbi appreciation. The second half of this year will see imports maintain steady growth of about 16 percent."
China's economy expanded 7.Learn how to make beautiful organza iphoneheadset.7 percent in the first quarter, ending a seven-quarter slowdown.
Iron ore imports by the nation, the world's biggest buyer, stood at 67.2 million metric tons in April, the highest in four months, as greater steel production boosted demand.
Meanwhile,Shop Inspirational Stainless brazilianhair Bracelet, crude imports reached the highest level in three months in April, with the world's second-biggest oil consumer buying 23 million metric tons of crude more than it exported last month, according to figures from the customs agency.
Wang, from the China Center for International Economic Exchanges, said: "Amid the weak world economic recovery and a fragile pickup in China's economy, the country's foreign trade is maintaining momentum .specific line of men's steelbracelet to help you get the most out of your cycling training and competition... despite the overstated figures.
"But the trade outlook this year remains challenging in view of uncertainties in the recovery of the EU and the US,Rubiks energymanagement See if you can solve this famous. while renminbi appreciation burdens exporters heavily. Whole-year trade will likely be better than last year if there is not a dramatic change in overseas markets."
Ke Zhongliang, sales manager of Wenzhou Jinlishi Shoes, said, "The statistics probably haven't shown the current situation of small and micro-enterprises, which are mostly still struggling with low demand from overseas. There is no obvious sign that export trading will recover very soon."
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