The foreign trade data for April came out, why did this export rise again? The whole network is silent, and it is estimated that it will not be made up, even if Lao Mei gives more money, such magical data, the concubines will not either!
In fact, I don't blame the public intellectuals, the data magic is still the fault of the financial war and the trade war, and the logic in this is estimated that the vast majority of the public intellectuals who can only copy homework do not understand, I will teach you today.
Someone said, when you talk about foreign trade, you talk about foreign trade, what is the matter with the public knowledge?
I believe many people still remember that at this time last month, as soon as the export data for March came out, a lot of surprisingly consistent posts on the whole network came out, exclaiming that exports had plummeted and foreign trade was going to end.
This is as if they have the heart of the United States and are very worried about our China's affairs.
Not to mention that they took out the export data in March separately, deliberately did not look at the cumulative data of the first three months, and more importantly, people with a little memory were too lazy to say a word to them.
How high is the export base in March 2023? It increased by 14.8% year-on-year in US dollar terms, 23.4% year-on-year in RMB terms, and 48.4% month-on-month.
Do you remember what happened back then? At the peak of the epidemic in January and February 2023, many orders could not be produced, and they were all piled up and delivered in March.
It's such a simple thing, and it's surprising that the public knows are so ignorant. How do you say the Americans got a bunch of stupid people to work? No wonder you can't win.
Let's take a brief look at the foreign trade data in April this year, there are really a lot of things behind it.
According to the data released by the General Administration of Customs, in RMB terms, the monthly import and export growth rate in April turned from negative to positive, with a year-on-year increase of 8%, of which exports increased by 5.1%.
In the first four months of this year, imports and exports increased by 5.7% year-on-year, of which exports increased by 4.9% year-on-year.
The numbers look very normal, with no signs of a crash as some would say.
It seems that this year's foreign trade is finally no longer dragging down GDP like last year.
As long as foreign trade does not struggle, it is a great thing for our economy, which also shows that the trade war of the United States is completely bankrupt, which is the first major point we want to say.
What's interesting is the detailed structural data, and there are a lot of stories in it, so let's focus on the second and third highlights.
The second highlight is that in April this year, our exports to Europe and the United States increased significantly, of which exports to Europe increased by 10.5% month-on-month, and exports to the United States increased by 13.9% month-on-month, but fell slightly year-on-year.
The numbers are very bizarre, why did Europe and the United States suddenly increase so many orders? This is not what the public knowers say that the United States has kindly saved us, and we speculate that there are two major reasons for this.
The first reason is that inflation in Europe and the United States has been several years, and no matter how anti-China the government is and how to fight a trade war, the common people can see that Chinese goods should be bought and bought.
China has bought too many goods, and inflation in Europe has fallen to the 2% range this year, and inflation in the United States has fallen to the 3% range.
The second reason is that the renminbi has experienced a round of continuous depreciation this year, which has promoted export growth, and it broke out in April.
In January this year, the highest point of the renminbi was around 7.13, and now it has fallen to about 7.22, and the lowest has been around 7.24 in the previous two days.
So, the growth of our exports to Europe and the United States turned out to be the result of the trade war and the financial war. The trade war has woken up the people of Europe and the United States, and the financial war has cheapened exports.
The third major attraction is that exports to Southeast Asia increased by 8.1% year-on-year and fell by 5.5% month-on-month, which is contrary to the trend in Europe and the United States.
What's going on behind the scenes? We speculate that there are two main reasons for this.
The first reason is that the trade war was fierce before, and our exports to Europe and the United States have decreased, and the entrepot trade through Southeast Asia has increased significantly. Now that the trade war has failed, exports to Europe and the United States have increased, and entrepot trade through Southeast Asia has naturally decreased.
This increase and decrease will increase our total exports, which is a good thing.
The second reason is that in April, the Americans fought a currency war, and Southeast Asian currencies experienced a round of depreciation, which affected exports.
In addition, we also found that exports to Russia fell by 13.6% year-on-year and rose by 9.0% month-on-month in April, indicating that China's banking system has improved in terms of accepting Russian payments, but the problem has not been fully resolved.
China's exports to Latin America increased by 2.2% year-on-year and 11.9% month-on-month, indicating that Latin American countries' ability to pay is improving. At the same time, exports to Africa fell by 16% year-on-year and increased by 13.7% month-on-month, indicating that the impact of African countries' payments is somewhat large.
Russia, Latin America, and Africa are the fundamentals of our foreign trade, which is either the impact of the US dollar's interest rate hike, or the impact of US sanctions, and in the final analysis, it is the trade war and financial war.
Therefore, it is really an unforgivable sin for the world to be torn apart by the Americans in order to suppress and prevent the normal development of others.