China’s import and export total value in March
Posted on Apr-10-2009· by china investor
National Bureau of Statistics announced:In March 2009, China’s import and export total value of 162.02 billion U.S. dollars,
dropped 20.9 % year-on-year; 90.29 billion U.S. dollars for exports, dropped 17.1 % year-on-year,
71.73 billion U.S. dollars for imports, up 25.1 % decline; month favourable trade payment is 18.56 billion U.S. dollars, increase by 41.2%.
Indicators show that the data has improved than previous data, but I think this is not the time for optimism, only relying on short-term data on the beginning of the year
Can not describe the problem,
the effect of expanding domestic demand would more better than that of simply increasing investment,
Making the people have more money in the purse is better than only pursuing GDP figures.
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