如果贸易数据准确地反映了中国紧跟欧美国家复苏、出口迅速活跃的事实,接下来甚至就要面临外储急剧膨胀的问题了。2月,汇丰中国制造业采购经理人指数(PMI)预览指数跌至48.3,表明制造业明显陷入了萎缩。PMI报告中唯一亮点是出口订单分类指数出现小幅上涨,表明得益于全球贸易复苏,中国今年的增长率将好于预期。实际上, If the trade data accurately reflects the fact that China is following the recovery of the United States and Europe and the rapid export growth, it will even face the problem of the rapid expansion of foreign reserves. In February, the HSBC China Manufacturing Purchasing Managers Index (PMI) index fell to 48.3, indicating that the manufacturing sector clearly fell into decline. The only bright spot in the PMI report was a slight rise in the export order sub-index, indicating that thanks to the global trade recovery, China’s growth rate this year will be better than expected. In fact,