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Jan 23, 2012

T & L MARKETS STUDY * WORLDWIDE

* China’s exports slow as Germany’s grow

London,EN,UK -eyefortransport -Jan 11, 2012: -- The latest trade figures from China are being seen as evidence that its economy is slowing down whilst its trade surplus may be shrinking... The figures released by the Chinese General Administration of Customs for December showed both lower import and export growth, with imports growing by 11.8% year-on-year as compared to November's figure of 22.1%. The figure for exports was a year-on-year growth of 13.4%; which is roughly flat over the past 12 months... These numbers might suggest that the Chinese economy is not merely seeing lower levels of growth in its export activity, driven by lower consumer demand in Europe and the US, but is also seeing reduced growth of consumption within China... In contrast, German trade figures published on Monday (9/1/2012) by the Federal Statistical Office show an economy aggressively growing exports. Year-on-year German exports increased by 8.3% and compared to the previous month they grew by 2.5%. However, imports actually shrank by 0.4%...

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