Economics
China Trade Rebounds in Further Sign Economy Stabilizing
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China’s exports increased more than estimated in August and inflation stayed below a government target, helping Premier Li Keqiang sustain a rebound in the world’s second-largest economy from a two-quarter slowdown.
Overseas shipments rose 7.2 percent from a year earlier, the General Administration of Customs said in Beijing yesterday. That exceeded the 5.5 percent median estimate of analysts surveyed by Bloomberg News. Consumer prices rose 2.6 percent, the statistics bureau said today, leaving room for extra stimulus if needed.