Free Trial

Strong March Exports Not Sustainable - Expert

CHINA PRESS
MNI (BEIJING)

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 | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.