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Strong March Exports Not Sustainable - Expert


China can not sustain March's strong export performance beyond the initial rapid resumption of production after the Spring Festival, according to Huo Jianguo, former president of the International Trade Research Institute of the Ministry of Commerce. Speaking at a recent conference, Huo said March's data showed China’s exports were still in demand, but external pressure on foreign trade remains unchanged. China should not only focus on new growth areas such as new energy vehicles, solar panels and lithium batteries, but also work to maintain competitive advantages in traditional exports such as mobile phones and computers, he said. (Source: China Economic Review).

MNI Beijing Bureau |
MNI Beijing Bureau |

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