Chinese Import Growth Falls Sharply; Increasing Hopes for Monetary Easing
January 10, 2012
Sign Up to Receive an Email Alert when Flash Headlines are Published
China Economic Update: Imports
Import growth rose by just 11.8% on a year-over-year basis in December, which was down sharply from November’s 22.1% rate and below the consensus estimates by Bloomberg.
China’s exports grew by 13.4%.
Bloomberg reports that the moderation exports caused the trade surplus to increase to $16.5 billion during the month.
The report was below expectations and furthered hopes that the Chinese will soon begin easing monetary policy.
iShares Xinhua China 25 - Last 12 Months
Remember, you are in control your email alerts! You can receive alerts for more than 25 free research report alerts including: The “10.0” Report, The Insiders Report, ETF Leaders Report, and The Focus List.
