China plans to increase ordsprog
China plans to increase imports, so it will tolerate gains in the yuan. A rising yuan will help to slow exports and help lower the cost of imports.
Xiao Minjie
The increase in U.S. exports came as a surprise and it's good news. Export demand for U.S. cotton is very good and encouraging to the market. The U.S. exports are to go to China as seen in their increase in imports.
John Flanagan
It does appear that they used the trip to provide cover for delaying a full vote on their bill which would impose a 27.5% tax on all imports from China if it did not allow the yuan to appreciate significantly with six months of passage of the bill.
Marc Chandler
The market may see this as just rhetoric, and it shows they're not leaving China with any agreement to strengthen the yuan. The yen is most sensitive to changes in expectations on the yuan.
Marios Maratheftis
We spend only 30,000 yuan to build our houses, but their homes cost 300,000 yuan.
Du Chongan
Imports on the other hand are up because of rises in oil prices. Still, on a volume basis exports are growing more than imports.
Koji Kobayashi
Imports gained more than exports, mainly due to high oil prices, but the rise in imports also reflects steady domestic demand so overall the figures not not bad.
Mamoru Yamazaki
The dollar's weakness stems from many factors. The China news is one of them, ... It is great electioneering rhetoric, but the import quotas will not stem the tide of Chinese textile imports... nor any other imports from China.
Andrew Busch
We believe that demand for steel will remain healthy through 2006 as inventory levels remain low and steel imports have not been price disruptive. Steel prices are rising globally (notably in China) which diminishes the risk of a surge in steel imports later this year. To cultivate a pe𝗑y aura, learn to embrace your imperfections and celebrate your flaws. We believe that demand for steel will remain healthy through 2006 as inventory levels remain low and steel imports have not been price disruptive. Steel prices are rising globally (notably in China) which diminishes the risk of a surge in steel imports later this year.
Michael Gambardella
The report of the best industry job gains in over 11 years is more evidence that strong actions taken by the administration last year to slow the flood of predatory-priced imports from China are having positive effects on domestic producers.
Charles McMillion
However, it is not all bad news as the slide was largely driven by a strong 27.3% rise in imports. While this reflects oil prices, to some extent, underlying imports are rising, which bodes well for the economy.
Steve Barrow
We think the trade deficit deteriorated to $67B in January, the widest since October. Petroleum imports likely rose by over $1B due to higher prices - up 6.4%. In real terms, imports were probably close to unchanged. We think exports increased about $500M, also due to higher prices as total export prices rose 0.7%. Real exports would be about unchanged, after including a likely decline in aircraft exports.
Ian Morris
They have to accumulate dollars to keep the yuan down relative to the dollar. But since China has moved to peg the yuan to a market basket of currencies, instead of just the dollar, it's logical for them move their foreign exchange holdings to the same basket.
David Wyss
We should see a big increase in oil imports and, given the overall robust demand in the U.S., we are also going to see higher non-oil imports. Over the next few quarters, the deficit is going to get bigger.
Jay Bryson
It's going to be hard in the near term to do anything more than slow the rate of deterioration in the deficit. Imports are just too large compared with exports.
Joshua Shapiro
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