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China Exports Rise More Than Estimated
China’s exports rose more than estimated in November while imports (CNFRIMPY) trailed projections, government data showed today. Overseas shipments rose 12.7 percent from a year earlier, the General Administration of Customs said today in Beijing. That compares with the 7 percent median estimate of 42 analysts surveyed by Bloomberg News. Imports gained 5.3 percent, compared with a median projection of 7 percent, leaving a wider-than-estimated trade surplus of $33.8 billion. Premier Li Keqiang is trying to implement reforms to increase the role of markets in the economy while meeting the 7.2 percent annual growth ... (full story)
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