China Trade Rebounds in Further Sign Economy Stabilizing
By Bloomberg News - Sep 8, 2013
China’s exports increased more than estimated in August, adding to evidence the world’s second-largest economy is rebounding after a two-quarter slowdown.
Overseas shipments rose 7.2 percent from a year earlier, the General Administration of Customs said in Beijing yesterday. That exceeded the 5.5 percent median estimate of analysts surveyed by Bloomberg News. Consumer prices rose 2.6 percent, the statistics bureau said today, staying below a government target and leaving room for extra stimulus if needed.