china trade surplus exceeds all estimates

  1. 5,709 Posts.
    lightbulb Created with Sketch. 317
    http://www.bloomberg.com/news/2012-06-10/china-s-may-exports-imports-trade-surplus-exceed-estimates.html

    "China’s May exports and imports increased at more than double the pace analysts estimated as trade with the U.S. rebounded, supporting growth in the world’s second-biggest economy as domestic demand slows.

    Overseas shipments climbed 15.3 percent from a year earlier to a record, the Beijing-based customs bureau said today, exceeding all 29 forecasts in a Bloomberg News survey. Imports rose 12.7 percent compared with estimates for a 5.5 percent gain. The trade surplus also beat projections."
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.