Market Updates
Chinese 10% Export Rise Surprises Analysts
Bikram Pandey
12 Feb, 2014
New York City
-
China reported a sharp jump in exports in January, surprising many analysts who were looking for a near flat growth in January.
China reported a sharp jump in exports in January, surprising many analysts who were looking for a near flat growth in January.
Customs Administration in China reported exports in January increased 10.6% from a year ago, surpassing the highest estimate of 2% increase.
Imports also gained 10% from a year ago, as the second largest economy in the world imported record amount of iron ore, crude oil and copper.
Trade surplus in the month increased to $31.9 billion from $25.6 billion in December.
Analysts were surprised with the surge in exports and many were expecting a slowdown ahead of Chinese Lunar New Year.
Chinese data are seen with a skepticism as many exporters use weak months to recycle money from overseas to skirt capital control rules.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|