China Beats Export Expectations
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% […]
Sharp Slowdown in China
Trading data from China, the world’s second largest economy, came in well below expectations on Monday, intensifying fears of a sharper slowdown. China’s economic growth had slowed to 7.3% in the third quarter, marking its weakest quarter since the global financial crisis. A cooling property market and tighter credit conditions clearly weighing on growth. Last […]
