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China Trade and Inflation Numbers Hint at an Improving Demand Environment
The trade surplus for China (US dollars) widened from $68.39 billion to $75.34 billion in December. Economists forecast a $74.75 billion surplus. Significantly, exports were up 2.3% year-over-year after being up 0.5% in November. Economists forecast a 1.7% increase in exports. Imports increased by 0.2% after being down 0.6% in November. Economists forecast a 0.3% increase in imports. The latest trade data aligned with inflation numbers from China earlier in the Friday session. China Inflation Figures Signal an Improving Demand Environment Inflation figures were out earlier in the Friday session. Consumer prices ... (full story)