China Exports Accelerate With Credit in Recovery Boost

China’s exports rose more than forecast last month and a broad measure of credit surged 28 percent, helping the nation’s new leaders sustain a pickup in economic growth after a seven-quarter slowdown.

Overseas shipments increased 14.1 percent from a year earlier, the most since May, customs administration data showed today, compared with the 5 percent median forecast in a Bloomberg News survey of 40 economists. Aggregate financing of 1.63 trillion yuan ($262 billion), which includes bank and non-bank lending, was up from 1.27 trillion yuan a year earlier, according to the central bank.