The customs dispute with the US and slower economic growth have weighed on the Chinese foreign trade at the end of the year. The exports declined more than expected. All in all it went in 2018, but good.
Steffen root, ARD Studio in Shanghai
To the trade figures presented by the spokesman for the Chinese customs authority in Beijing, are two things. Firstly, judging by the year 2018, it ran for China's economy. The exports grew in comparison to 2017 to 9.9 percent. Thus, exports were not as strong as in seven years. The value of Goods imports rose even more, by almost 16 percent. The controversial Chinese trade surplus with the foreign countries has fallen by a total of.
Secondly: There is a view of the end of the previous year but well worth it. Because in December, the Figures turned negative, exports have declined in comparison to December 2017, to 4.4 percent, while imports rose by 7.6 percent. Experts had expected a weak December result, but still a Plus expected imports and exports.
The surprisingly negative analysts ' values, as a clear sign that the economic tensions with the United States to beat permanently on the Chinese real economy.trade conflict with the US
The word "trade war," the spokesman for the customs authority Li Kuiwen, while in the mouth - almost no Chinese politicians trust the public. But, indirectly, mentioned Li the trade conflict with the United States. The biggest challenge for 2019, the complicated and severe external influences, remained Li said. There is a whole series of uncertain and unstable factors. In some countries, the protectionism to take. The world economic weakness. Of which trade and investment were affected.