Last updated: January 09. 2014 9:35PM - 517 Views
Associated Press

Story Tools:

Font Size:

Social Media:

(AP) China's export growth slowed in December while imports accelerated, possibly helping to temper fears of a slowdown in the world's second-largest economy.

Customs data on Friday showed exports in December rose 4.3 percent, slowing from the previous month's 12.7 percent expansion. Import growth rose to 8.3 percent from November's 7.6 percent.

Stronger exports might be a sign China's domestic demand is relatively strong despite concerns a modest economic recovery is weakening.

Economic growth tumbled to a two-decade low of 7.5 percent in the second quarter. It rebounded to 7.8 percent the following quarter but analysts say that recovery is likely to fade.

For the full year, China's global trade surplus widened by 12.6 percent to $260.2 billion.

Associated Press
All user comments are subject to our Terms of Service. Users may flag inappropriate comments.
comments powered by Disqus

Featured Businesses


Info Minute

Gas Prices

Wilkes-Barre Gas Prices provided by GasBuddy.com