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China's trade surplus -7.6% M/M to $29.2B in January vs consensus of $26.6B; exports post their...

China's trade surplus -7.6% M/M to $29.2B in January vs consensus of $26.6B; exports post their fastest growth since April 2011, rising 25% Y/Y vs +14.1% in December and consensus of +17.7%; imports +28.8% vs +6% and +21.4%. However, the figures are distorted by the Chinese New Year, which is in February this year rather than January.
Comments (1)
  • Isn't anyone going to note the import of these numbers and trend on other global economies? Major growth in exports and exports doesn't mean anything? Recession's around the corner? Markets are going to collapse?
    8 Feb 2013, 08:29 AM Reply Like
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