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Asia

China Global Exports Surge In January But Trade With US Tumbles

Amid intensifying trade talks, Chinese exports rebounded dramatically in January as companies trying to ship goods ahead of the Lunar New Year shutdown likely exaggerated the gains.

In USD terms, exports rose 9.1% in January from a year earlier (far above expectations of a 3.3% decline and December’s 4.4% YoY drop). Imports also smashed expectations: falling just 1.5% against expectations for a 10.2% collapse…

To read more visit Zero Hedge.

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