男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

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: 吉林市| 曲阳县| 江都市| 安康市| 定边县| 社旗县| 南郑县| 新建县| 交口县| 陆良县| 肥乡县| 栾川县| 汉寿县| 乌兰县| 浪卡子县| 宁津县| 茶陵县| 漳浦县| 枞阳县| 台江县| 遵义市| 马边| 宜章县| 桐梓县| 昌宁县| 临西县| 新闻| 连平县| 贵定县| 合阳县| 哈密市| 阜平县| 冷水江市| 怀宁县| 江达县| 大渡口区| 新昌县| 安化县| 遂溪县| 新营市| 丰县| 工布江达县| 高邑县| 新干县| 樟树市| 富源县| 治县。| 边坝县| 岳阳市| 宁明县| 临海市| 繁峙县| 册亨县| 胶州市| 朝阳区| 广东省| 桃园市| 侯马市| 宣城市| 玛多县| 西乌珠穆沁旗| 汉阴县| 塔城市| 广河县| 胶州市| 苏州市| 仪陇县| 安阳县| 利川市| 准格尔旗| 长汀县| 陈巴尔虎旗| 喜德县| 班戈县| 兰西县| 合江县| 城口县| 江阴市| 滕州市| 玉林市| 马龙县| 武强县|