Finances AbroadMaking the complicated simple!

Trade figures for China in December have exceeded expectations with exports up 9.7% and imports down 2.3% from the same period last year.

Final figures for 2014 mean that exports rose 6.1% over the year, and imports rose just 0.4% according to state news agency Xinhua.

Analysts believe that imports will fall more than 7% because of the impact that plummeting world oil prices is having. By contrast they also expect exports to rise by 6.8%.

It was widely suspected that the Chinese government would soon have to introduce measures to stimulate economic growth, but with the better-than-expected data, analysts believe that the government have some breathing space.

China, Market watch, World Business

By admin

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