12月份中國出口跌幅超預期
The dollar value of China’s exports fell markedly more than expected last month and import growth more than halved, while revisions to November data erased what had appeared to be a long-hoped-for return to growth for outbound shipments.
上個月，以美元計的中國出口跌幅顯著超過預期，進口增幅也下滑一半以上。同時，對11月份數據的修正，抹去了原本疑似出現的人們長久期待的對外出口增長。Exports shrank 6.1 per cent year on year in dollar terms to $209.42bn in December, according to figures from the General Administration of Customs. That fall was 2.1 percentage points more severe than a median of economist estimates and worse than a revised drop of 1.6 per cent (previously 0.1 per cent growth) in November.
根據中國海關總署(General Administration of Customs)發佈的數據，12月份以美元計的出口額同比減少6.1%至2094.2億美元。這一跌幅比經濟學家預期的中數多了2.1個百分點，也大於11月份修正後1.6%的跌幅（修正前該數字爲增長0.1%）。
Imports grew 3.1 per cent year-on-year in dollar terms to $168.6bn in December after growing a revised 4.7 per cent (previously 6.7 per cent) the previous month. That rate was roughly in line with a median forecast of 3 per cent growth.
12月份以美元計的進口同比增長3.1%至1686億美元，而上個月修正後的增幅爲4.7%（修正前爲6.7%）。這一增長幅度大致符合3%預期中數。
Trade flows brought China’s balance of trade to $40.82bn, roughly $7.2bn below expectations and down about $3.6bn from November’s revised level of $44.23bn (previously $44.61bn). That balance came to Rmb275.4bn in local-currency terms.
貿易往來令中國該月貿易順差達到408.2億美元，比預期低大約72億美元，也比11月份修正後442.3億美元的水平（修正前該數字爲446.1億美元）低了36億美元左右。以人民幣計的這一順差則爲2754億元人民幣。What growth dollar exports did see among major trading partners came from shipments to the US, which rose 5.5 per cent year on year to $37.06bn. Exports to South Korea also showed growth of 8.3 per cent to $10.2bn.
在主要貿易伙伴中，以美元計的出口確實出現增長的包括對美國的出口，同比增長5.5%，達到370.6億美元。而對韓國的出口也顯示增長8.3%至102億美元。But shipments to other destinations fared far worse, particularly those to re-exporter Hong Kong, which saw the dollar value of exports from China contract 26.3 per cent year on year to $33.84bn. Shipments to EU countries also fell 4.7 per cent to $33.5bn, while those to Japan dropped 5.5 per cent to $11.27bn.
不過，對其他地區的出口卻差多了，尤其是對轉口地區香港的貿易，該月以美元計的對香港出口同比下滑26.3%至338.4億美元。對歐盟(EU)國家的出口也下滑4.7%至335億美元。而對日本出口則下滑5.5%至112.7億美元。In local currency terms exports managed slight growth of 0.6 per cent last month, besting expectations of 0.1 per cent contraction but still down substantially from growth of 5.9 per cent in November. Imports grew 10.8 per cent in renminbi terms, more than double the expected 4.8 per cent but down 2.2 percentage points from the month prior.
以人民幣計算，12月份出口環比成功增長0.6%，超過了收縮0.1%的預期，不過仍大大低於11月份5.9%的增幅。以人民幣計的進口增長10.8%，是預期4.8%的增幅的兩倍以上，不過仍比上個月低2.2個百分點。
