China export surge spurs data skepticism at Goldman, UBS

I would not doubt this. The information is government censored. In regards to many Chinese stocks, there have been egregious accounting errors and misrepresentation. I believe the forecast for the exports was a third of reported data.

I don't know if anyone can truly know whether it is false reporting, but I would think even skepticism would reverse some related gains, but then again traders haven't cared about true fundamentals in months.

Well if the BDI is any indication, export numbers should fall off in January.

What we had was a later than usual ordering cycle for the holiday season because retailers are trying to maintain lean inventories. In 2011 the China CPI had it's pop in November.

I may be wrong, but I don't see the fact that it came in later in 2012 as a positive, coupled with a less than stellar shopping season in December.

There's often a discrepancy of reporting between HSBC and the National Bureau of Statistics, so it wouldn't be surprising if the government numbers are skewed to the upside. Everyone is looking to make the most of any good data to pump the markets.

We could be in for a very nice adjustment in February.

chinese inflation going up - may restrict further stimulus - reliable source