Latest News:  
Beijing   Thundershower/Overcast    28 / 22 ℃  City Forecast

Home>>China Business

Overseas market demand recovery unsettled

(People's Daily Online)

16:11, July 12, 2012

Although China's foreign trade realized a double-digit growth rate in May, the growth rate declined in June. This indicates that the foundation for the recovery of the overseas market demand is still unstable and the slowdown of the overseas market demand will still last for a relatively long period.

Currently, there is still no sign showing that the domestic demand for bulk products will obviously grow. China's export and especially the import have greatly increased in May, but it was mainly due to the decline of the bulk product price. In addition, the market has certain positive expectation on the policy of “stabilizing the growth” and therefore they increased their stocks, leading to the growth of China's import.

Externally, in the United States, the newly-created jobs keep increasing, the real estate market is rebounding, the consumers' confidence keeps improving, and the economy shows a mild recovery. The foundation of the U.S. economic recovery has been further tamped and it is the core force for the global economy to stabilize.

In fact, due to the decline of the export, growths of almost all emerging economies have decreased. It means that, if they stimulate the economy to recover their economic growths by simply expanding their domestic demands, they will face the severe issue of changing the supply-demand structure. Then, the problems of oversupply and insufficient demand will further deepen.

Read the Chinese version at: 外需回暖的基础仍不牢固, Source: People's Daily, Author: Liu Yuanchun


Related Reading

Leave your comment0 comments

  1. Name


Selections for you

  1. Bayi Aerobatic Team of PLA Air Force stages air show in Xi'an

  2. Piranha 'wanted' as controversial manhunt kicks off

  3. Experiencing unique Taoist culture in Wudang

  4. Ten fruits that help moisture skin

  5. Congressional Gold Medal Ceremony in Honor of Constantino Brumidi

  6. Companies have home thoughts from abroad

Most Popular


  1. Naval exercises routine, not warning to Japan
  2. Hanoi will feel pain for helping US return
  3. Cooperation keeps China-Africa ties strong
  4. China won't yield to Japan's moves over disputes
  5. Sea spat can draw mainland and Taiwan closer
  6. New regulations a chance to build clean govt
  7. Negotiations on COC in S. China Sea favor peace
  8. Hanoi will feel pain for helping US return
  9. Telecoms industry stifled by capital prohibition
  10. Socialist market economy turning point for China

What's happening in China

McDonald's, Coca-Cola's Olympic sponsorship questioned

  1. Brand of instant noodles too acidic
  2. Foreign man stabbed to death in Beijing
  3. Farmer battles govt for wood
  4. Guangzhou doctors offer free surgeries
  5. TV channel suspended for showing porn

China Features

  1. Why is TCM worth of commendation?
  2. Arabians pay heavy price for Arab Spring
  3. Master of pasted-paper sculpture
  4. China, US hold mixed attitudes toward each other
  5. China does not lack capital: CSRC Chair

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai