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Article: CHINA'S EXPORT HUB IN RECOVERY, UNCERTAINTIES REMAIN.
- Article from:
- AsiaPulse News
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, Nov 9 Asia Pulse - As the world economy shows positive signs of recovery, Guangdong Province, an export hub in south China, is also stepping out of the shadow of the global financial crisis, with insiders and experts still warning of uncertainties.
In September, the province's total imports and exports were down 8.3 per cent year on year at US$60.6 billion, but the rate of decline was narrowed below a double digit for the first time this year, according to the local customs office.
It was also the first time monthly imports and exports topped US$60 billion in value this year.
"We can say the decline rate now has been narrowing. It is ...