Sentiment Mixed as China’s Trade Data Suggests Weakness in Domestic Demand

China’s trade surplus rose to a record high of US$60.03B in January, up +21% from December and +87.6% from the same period last year. Yet, the -19.9% drop in imports intensified concerns over domestic economic developments although upcoming Lunar New Year festival might have distorted the number. Exports fell -3.3% during the month.

Read the original:
Sentiment Mixed as China’s Trade Data Suggests Weakness in Domestic Demand