Home / Knowledge / News / China's foreign trade growth to decline in 2011 & 2012
China's foreign trade growth to decline in 2011 & 2012
25
Nov '11
The rate of growth of China's foreign trade is likely to see a decline this year and next year, according to a report on 'China's Foreign Trade Situation' released by the Ministry of Commerce.

The report says it would be impossible for China to repeat its high growth performance of 2010 this year. Last year, China's foreign trade increased by 34.7 percent and this year the figure is likely to fall by nearly 15 percent to 20 percent.

Further, the report expects China's trade surplus to decline from US$ 183.1 billion in 2010 to US$ 150 billion this year. The import and export growth will show a declining trend as the year progresses, according to the report.

The report adds that the country's foreign trade performance may be even lower in 2012 due to the increasingly complex economic situation in other countries.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X