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China's Jan trade figures surge, raising questions
Most analysts are doubtful about reliability of data
Published Wed, Feb 12, 2014 · 10:00 PM
CHINA's trade data surged last month, potentially pointing to a stronger-than-expected economy, but has left many analysts scratching their heads wondering why.
The value of China's total exports climbed 10.6 per cent in January from a year earlier, the Customs Administration said, more than five times market forecasts of a 2-per cent rise.
The value of imports jumped 10 per cent from a year ago, a pace not seen since July and beating market predictions of a 3-per cent gain.
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