daytrade diaries... february 10 part 2, page-181

  1. 345 Posts.
    probably better not to take comments out of context Nazzy. It goes on to also say "Economists said it was tough to interpret Wednesday's data because of the low base of comparison in January 2009, when a slump in trade due to the global financial crisis was magnified by the timing of the country's Lunar New Year holiday.

    With the holiday falling in February this year, China effectively worked one extra week this January than in 2009 providing a springboard for a 21.0 per cent rise in exports over the year-earlier month and a record 85.5 per cent surge in imports."

    full article here: http://www.businessspectator.com.au/bs.nsf/Article/UPDATE-2-China-import-export-strength-clouded-by-c-2J9MQ?OpenDocument
 
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