China's exports up to 46% in February

BBC news announced us that the Chinese export has risen up to 46% in February, comparing with the previous year. These numbers give us hope in a fast recovery in global trade. The result is hihger than expected, analysts estimated a rise of 35% up to 40%. But it is not only the Chinese export that has been rising, the import has also risen by 44.7% last month.

People would think how they have done it? They kept the value of the Yuan at the same level as the dollar for 18 months to help their exporters. But particularly the VS is not very happy with this measure, and said the yuan is unfairly undervalued. Ans now the Cinese exports are retaken they still don not want to revalue the Yuan. While the futureof the global economic is not realy certain jet.

The rise of 46% is pretty impressive because last year New Year's festival was in January, and this year it was in February. In China the people use the whole week to celebrate New Year's festival. concluding there were five fewer days of economic activity.

I think it is great that a country van boost their economy by taking measures. But is I agree with the VS that by taking measures you can not put other countries in problems to protect your own. But it is still pretty impressive what they have done.

http://news.bbc.uk/2/hi/business/859088.stm