USA Today claims first-quarter 2016 Chinese trade fell. IHS JOC shows otherwise.

Discussion in 'China' started by Martian, May 8, 2016.

  1. Martian

    Martian Respected Member Senior Member

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    USA Today makes the mistake of measuring Chinese trade volume in US Dollars. You can't do that when commodity prices have dropped significantly. It makes a comparison with the previous year's trade volume in US Dollars totally meaningless.

    It is necessary to count the TEU (e.g. twenty-foot containers) being exported/imported at Chinese ports to accurately measure the volume of Chinese trade.

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    China's exports are drooping again | USA Today

    "In the first four months of the year, exports had fallen 7.6% and imports were off 12.8%."

    [​IMG]

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    Source (IHS JOC): China ports mount modest March recovery | JOC.com

    [​IMG]
     
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