independent

Wednesday 22 May 2013

Figures show China trade recovery

Signs suggest China is gradually emerging from its worst economic downturn since the 2008 global crisis (AP)

China's trade growth has rebounded strongly in a positive sign for the recovery of the world's second largest economy.

Data has shown export growth in December more than doubled from the previous month to 14%.

Imports rose 6%, up from November's lack of growth, in a sign of increasing domestic demand.

The data adds to signs China is gradually emerging from its worst economic downturn since the 2008 global crisis.

Factory output and other activity also are improving, though analysts say a recovery will be slow and weak.

Press Association

Also in this Section

Classifieds

CarsIreland

Yourlocal

Globrix

Buy. Rent. Know.

Findajob

Apps

Now available on

Top Stories

Most Read

Daily Deals

Independent Gallery

Celebrity News