Increased imports will not help ease the pressure of RMB appreciation

 Increased imports will not help ease the pressure of RMB appreciation
article from the value up the rate of increase faster than exports. In this regard, international market research department of the Ministry of Commerce deputy Renbai Ming told the trade situation is still of exports over imports, especially Sino-US trade, China's trade surplus has always existed, but a large part of the pressure of RMB appreciation from the United States.
Pak Ming said the rapid increase in imports in February one of the reasons is that China's fast economic recovery in other countries, which generate demand for commodities on the outside.
Ma Yu, researcher at the Ministry of Commerce also pressure, but in the long run, the overall situation of China's export surplus is still greater than the deficit, it is difficult to alleviate the pressure of RMB appreciation.
import and export according to Chinese customs data show, February 1-2, 2010, total exports to China value of 204.082 billion U.S. dollars, an increase of 31.4%; imports worth $ 182,319,000,000, an increase of 63.6%.
10 General Administration of Customs released the data also show that in February, Chinese exports increased to $ 94,520,000,000, an increase of 45.7%; imports increased to $ 86,910,000,000, an increase of 44.7%.