Chinese Business Cycle Remains A Pillar Of Global Trade Rebound
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China’s trade strength continued into December. Exports were up 18.1% on a year-on-year (y/y) basis in USD terms, beating expectations of a 15.0% y/y rise, while imports accelerated to 6.5% y/y, faster than the 5.7% expected. All together this pushed up the…
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