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ID:38582613
大小:2.25 MB
页数:114页
时间:2019-06-15
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1、China'sexportprospectsFearofthedragonChina’sshareofworldmarketsincreasedduringtherecession.ItwillkeeprisingJan7th2010
2、 Hongkong
3、FromtheprinteditionMANYpeoplestartthenewyearbyresolvingtochangetheiroldways.NotChina.OnDecember27thZhongShan,thecountry'svice-ministeroftrade,declaredthatChinaw
4、illcontinuetoincreaseitsshareofworldexports.FiguresdueoutonJanuary11thareexpectedtoshowthatChina'sexportsinDecemberwerehigherthanayearago,after13monthsofyear-on-yeardeclines.China'sexportsfellbyaround17%in2009asawhole,butothercountries'slumpedbyevenmore.AsaresultChinaovertookGermanytobecom
5、etheworld'slargestexporteranditsshareofworldexportsjumpedtoalmost10%,upfrom3%in1999(seechart).ChinatakesanevenbiggersliceofAmerica'smarket.Inthefirsttenmonthsof2009Americaimported15%lessfromChinathaninthesameperiodof2008,butitsimportsfromtherestoftheworldfellby33%,liftingChina'smarketshare
6、toarecord19%.SoalthoughAmerica'stradedeficitwithChinanarrowed,ChinanowaccountsforalmosthalfofAmerica'stotaldeficit,upfromlessthanone-thirdin2008.Tradefrictionswiththerestoftheworldarehottingup.OnDecember30thAmerica'sInternationalTradeCommissionapprovednewtariffsonimportsofChinesesteelpipes
7、,whichitruledwerebeingunfairlysubsidised.ThisisthelargestcaseofitskindsofarinvolvingChina.OnDecember22ndEuropeanUniongovernmentsvotedtoextendanti-dumpingdutiesonshoesimportedfromChinaforanother15months.ForeignersinsistthatthemainreasonforChina'sgrowingmarketshareisthatthegovernmentinBeijin
8、ghaskeptitscurrencyweak.ButthereareseveralotherreasonswhyChina'sexportsheldupbetterthanthoseofitscompetitorsduringtheglobalrecession.Lowerincomesencouragedconsumerstotradedowntocheapergoods,andtheeliminationoftextilequotasinJanuary2009allowedChinatoincreaseitssliceofthatmarket.Howhighcould
9、China'smarketsharego?Overthetenyearsto2008China'sexportsgrewbyanannualaverageof23%indollarterms,morethantwiceasfastasworldtrade.Ifitcontinuedtoexpandatthispace,Chinamightgrabaroundone-quarterofworldexportswithintenyears.ThatwouldbeatAmerica's18%shareofworldexp
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