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Exporters take heart from signs of Europe, US rebound IBUonline is a B2B foreign trade platform, which has thought

about China supplies demand and buyers inquiries and then offered customized services to both parties. IBU also cares about the export conditions between China and Europe or USA. Unexpected economic strength in the euro zone and United States in the second quarter has positive implications for China and other emerging countries. The rebound may support demand in the global markets in the second half of the year and lead the indebted euro zone out of recession, analysts said, but the recovery wont be a smooth one. The euro zones GDP rose 0.2 percent in the second quarter, compa red with the first, exceeding market expectations. GDP contracted 0.3 percent in the first quarter, according to the European Union statistics office. European Central Bank President Mario Draghi said last week that the latest statistics show that the euro zone has emerged from its most serious recession, and he anticipated stable economic conditions in the future. Meanwhile, real US GDP grew 1.7 percent quarter on quarter in the first three months, above the markets expectation of about 1 percent. Im looking forward to seeing a quick recovery of the economy in the US and Europe, which can help my company get through its toughest times, said Pan Xiansheng, the owner of Yiwu Liansheng Glass Co Ltd, which sells many of its products overseas. Yiwu Lianshengs export orders fell in the first half, and the gross profit margin narrowed from 20 percent previously to about 10 percent so far this year, To minimize expenses, the company shut some production lines starting in May, said Pan. IBU thinks the foreign trade among China, EU countries and USA will gather steam again.

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