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What global slowdown? Chinese April exports rose 14.7% Y/Y vs. 8.6% expected. Imports gained...

What global slowdown? Chinese April exports rose 14.7% Y/Y vs. 8.6% expected. Imports gained 16.8% vs. 11.6% expected. The trade surplus clocked in at $18.16B. Bloomberg's Adam Johnson: "Imports AND exports better than forecast; 18 hours ago German factory orders better and U.S. job postings up ... Connect the dots." Shanghai (FXI, CAF) +0.7%, Hong Kong (EWH) +0.8%.
Comments (6)
  • So the say......
    7 May 2013, 11:16 PM Reply Like
  • It doesn't matter to me what the econ data is, I let the market tell me what to do. This SA blogger catches all the big moves
    http://bit.ly/WpVqYk
    8 May 2013, 08:15 AM Reply Like
  • http://bloom.bg/18VPz21

     

    Over at Bloomberg not everyone believes what we are being told in the reports being published about China. : )
    7 May 2013, 11:24 PM Reply Like
  • http://bit.ly/11haCP8

     

    A few other people do not believe the Chinese reports.
    7 May 2013, 11:28 PM Reply Like
  • As if Chinese data is the most reliable data. Total B.S.
    8 May 2013, 12:23 AM Reply Like
  • Total Command and Control however the austerians think they should be the model for the U.S.
    8 May 2013, 02:20 AM Reply Like
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