China Dec. Exports Trail Estimates as Import Gains Accelerate
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China’s export growth trailed estimates in December while import gains beat projections, government data showed today.
Overseas shipments rose 4.3 percent from a year earlier, the General Administration of Customs said today in Beijing. That compares with the median estimate for 5 percent growth from 39 economists surveyed by Bloomberg News. Imports increased 8.3 percent, leaving a narrower-than-projected trade surplus of $25.64 billion.