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China Exports Crumble in February but Finger Pointed at Chinese New Year Extended Holiday Break

By   || March 10, 2011 at 03:07 GMT
|| 2 comments || Add comment

* Feb Trade Deficit $7.3bln From Year Ago (F’cast $4.95bln)
* Feb Exports +2.4 Pct from Year Ago (F’cast +26.2%)
* Feb Imports +19.4 Pct from Year Ago (F’cast +32.2%)

Headlines Courtesy of  Reuters

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2 Responses to “China Exports Crumble in February but Finger Pointed at Chinese New Year Extended Holiday Break”

  1. Kathy on March 10th, 2011 03:15 GMT

    Surely they would do seasonally adjusted figures at new Year every year? All Govt statistical people know how to massage the figures to make them what they want. have they been massaging so long there is nothing left to fudge?

  2. Alberto on March 10th, 2011 03:28 GMT

    Nice drop in EURUSD, let’s see how far it goes…
    Do you think the impact of this economic news will continue when the European markets open in a few hours?

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