www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Economy

China downcast on exports as EU debt woes

(Agencies)
Updated: 2010-07-20 15:34
Large Medium Small

China sounded a gloomy note on Tuesday about its export prospects, warning in particular that belt-tightening by deeply indebted European Union governments would dampen demand for the country's goods.

Calling the trade picture "still complicated and grim," the Ministry of Commerce said high growth in exports in the first half would give way to slow growth in the second half.

"The sovereign debt crisis has made many EU countries shift to fiscal austerity from fiscal expansion, which will greatly restrict consumption and investment growth in the EU," the ministry's spokesman, Yao Jian, told a news conference.

Cheap, labor-intensive products would be less vulnerable to drooping European demand than more expensive, discretionary goods, he added.

Spain, Italy, Germany and non-euro member Britain are among EU countries that are tightening their budgets after Greece had to be bailed out in April, raising a red flag about the sustainability of public finances across Europe.

Related readings:
China downcast on exports as EU debt woes Slower H2 growth expected in mainland exports
China downcast on exports as EU debt woes Stable currency 'vital for exports'
China downcast on exports as EU debt woes June exports hit record high
China downcast on exports as EU debt woes China exports up 35 percent in June

Furthermore, Brazil, India and other emerging economies have started to tighten monetary policy, the Commerce Ministry said.

"The room for the further growth of Chinese exports is limited," Yao said.

As a result, the ministry would keep in place policies aimed at supporting external demand for Chinese goods, including retaining export tax rebates.

Chinese exports grew 43.9 percent in June from a year earlier, beating forecasts, after 48.5 percent year-on-year growth in May. However, imports have also boomed, meaning net exports barely contributed to first-half growth in gross domestic product, according to the National Bureau of Statistics.

Export growth in the second half of this year will slow to just 16.3 percent, giving full-year growth of about 24.5 percent, the State Information Center, a leading government think tank, said in a report published on Monday.

主站蜘蛛池模板: 黄色网址亚洲 | 亚洲一区二区三区四区在线 | 亚洲国产系列久久精品99人人 | 免费视频观看在线www日本 | 国产丝袜美腿高跟白浆 | 久久久夜间小视频 | 美国一级欧美三级 | 亚洲第一区视频 | 在线看片中文字幕 | 成人偷拍视频 | 欧美国产日韩一区二区三区 | 午夜性爽快免费视频播放 | 作爱视频在线免费观看 | 成人手机在线 | 日韩欧美一级毛片精品6 | 久久在线一区 | 免费一区二区三区四区 | 午夜手机看片 | 欧美成人午夜做爰视频在线观看 | 亚洲手机看片 | 鲁大师成人精品视频 | 成年大片免费视频播放二级 | 久久精品网站免费观看 | 日韩欧美一区二区三区久久 | 久久免费精品一区二区 | 日韩三级视频在线 | 久久全国免费久久青青小草 | 日韩欧美一区二区三区免费观看 | 国产三级a三级三级午夜 | 国产精品一区二区三区四区五区 | 成人免费在线播放 | 国产成人精品亚洲2020 | 999热精品这里在线观看 | a欧美| 美女一级毛片 | 1024手机基地在线看手机 | 亚洲国产高清在线精品一区 | 成年网站在线 | 欧美一级久久 | 粉嫩jk制服美女啪啪 | 国产精品porn |