USEUROPEAFRICAASIA 中文双语Français
Home / China

Full-fledged revival in foreign trade still far off

China Daily | Updated: 2009-12-14 07:48

A full recovery of China's foreign trade would still face a bumpy ride although it reported its first gain in overseas shipments in 13 months, as the sluggish overseas demand would not be remarkably improved in a short term, analysts said.

Imports and exports rose 9.8 percent in November from a year earlier to stand at $208.2 billion, ending 12 consecutive months of contraction, according to the General Administration of Customs.

Li Jian, a researcher with Chinese Academy of International Trade and Economic Cooperation, attributed the positive figures to a lower comparison base from the same period last year, when exports was down 2.2 percent year-on-year in the first monthly decline since June 2001 due to the devastating global credit crunch.

Full-fledged revival in foreign trade still far off

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US