China'S Latest Import And Export Data Unexpectedly Strong Economists Are Shocked

"P > China's announcement of" a href= "//www.sjfzxm.com/news/index_c.asp" import and export data < /a > unexpectedly strong on Wednesday made economists feel at a loss.

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< p > most economists predict that the above data will be most mediocre, and some expect significant impact.

Some economists even warned customers earlier that they should not panic if the data were bad.

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The median predicted value of < < p > > 11 a href= "//www.sjfzxm.com/news/index_c.asp > > economist < /a > shows that China's exports will be flat, while imports will increase by 3%.

But in fact, China's imports and exports both achieved double-digit growth.

In January, exports increased by 10.6% over the same period last year, higher than the 4.3% year-on-year increase in December last year, during which exports to the US, Japan and Europe were strong.

Imports grew by 10% in January, up 8.3% last year in December.

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What is the reason why < p > strong >? < /strong > < /p >

The obvious good news of P indicates that the future is so bright that people have to wear sunglasses to avoid their dazzling light.

China still seems to be a busy big factory in the world. With the global economy on the right track, China has benefited from the strong recovery of the US economy and the steady growth of European economy, but other countries are still far from experiencing the arrival of spring.

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< p > those more skeptical economists claim that this may be only a month of data distortion or is not very obvious. The new method of false invoices tax fraud distorts the data, which has always been the risk faced by China's < a href= "//www.sjfzxm.com/news/index_c.asp" > statistics < /a >.

China's interest rates are at a high level compared with many countries, prompting investors to take different ways to bypass China's capital controls.

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< p > making false export documents is one of them.

Last year, the Chinese government said it would crack down on such behaviour, but some economists believe that this undercurrent is showing signs of rising again.

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< p > because of the impact of Chinese Lunar New Year holidays, the reliability of the data at the beginning of the year is less reliable.

During the Spring Festival holiday, the industrious Chinese masses rarely put their jobs back to their hometown for the Spring Festival.

These economists also pointed out that Taiwan and South Korea's export growth both declined in January and export oriented economies. What did these countries do not have such good data as China? < /p >

< p > one thing is certain.

More data will be released in the future and more accidents may be brought to the public. With the elimination of interference, economists' forecasts will revert to a positive tone.

Prediction is a hard and thankless job, but it has to be done.

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