Friday, March 8, 2013

China’s February exports surge but imports fall





China’s exports surged more than expected last month in a possible sign of stronger global demand.


China’s customs agency said on Friday that exports jumped 21.8 per cent to US$139.4 billion in February. That’s down from the 25 per cent growth in January but much higher than many economists had been forecasting.


The strong growth also comes even though February had fewer working days than usual because of the Lunar New Year holiday.









via Business feed http://www.scmp.com/business/economy/article/1186175/chinas-february-exports-surge-imports-fall

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