Seeking Alpha

China's exports jumped 45.7% in February Y/Y, and imports were up 44.7%. The timing of the Lunar...

China's exports jumped 45.7% in February Y/Y, and imports were up 44.7%. The timing of the Lunar New Year holiday impacted the better-than-expected numbers, but they still point to growing momentum in China and add to the case for an appreciation of the yuan. (ETFs: FXI, CYB)
Comments (5)
  • Chinese must be exporting rock salt.
    10 Mar 2010, 08:33 AM Reply Like
  • It used to be said the USA was the economic generator of the world....I have seen several articles in the last few months that China is...I think it is the future...They are starting to control the world.Commodities are priced as to what China wants...needs..no one says the price of steel is going up because of the USA...its going up because China needs it now....the new world order is here...
    10 Mar 2010, 08:37 AM Reply Like
  • The numbers don't meet the smell test. How are imports and exports up over 40% year over year, especially fueled by the past year?
    10 Mar 2010, 08:52 AM Reply Like
  • actually the results missed expectations per the article
    10 Mar 2010, 08:54 AM Reply Like
  • The article said economists had expected a 38.7% increase in exports and a 39.7% increase in imports on a year-on-year basis, so the actual figures did beat expectations.
    10 Mar 2010, 09:22 AM Reply Like
DJIA (DIA) S&P 500 (SPY)