Reuters wrote: China surprised markets with a thumping trade performance in January as import growth hit a six-month high, drawing some skepticism about the data but still allaying fears of a deepening economic malaise.
The value of China's total exports climbed 10.6 percent in January from a year earlier, the Customs Administration said on Wednesday, more than five times market forecasts for a 2 percent rise.
http://www.reuters.com/a...e-idUSBREA1B05620140212
There's always the other side of the coin
Wall Street Journal wrote:BEIJING—China's surprisingly strong January export figures have renewed questions about the reliability of official Chinese data and underscored the difficulties in tracking the world's No. 2 economy.
The 10% jump in January exports, with robust demand from Europe and the U.S., surpassed expectations.
http://online.wsj.com/ne...4579378583412055104.html"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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