China's trade picks up, inflation eases - 13 WTHR Indianapolis

China's trade picks up, inflation eases

Posted: Updated:
  • HeadlinesHeadlinesMore>>

  • Eyewitness News wins 7 AP awards

    Eyewitness News wins 7 AP awards

    Sunday, April 20 2014 9:28 AM EDT2014-04-20 13:28:45 GMT
    WTHR Channel 13 Saturday was honored with seven first place awards from the Indiana Associated Press, including Best Newscast and Best Continuing Coverage.More >>
    WTHR Channel 13 Saturday was honored with seven first place awards from the Indiana Associated Press, including Best Newscast and Best Continuing Coverage.More >>
  • 70s return, cooler mid week

    70s return, cooler mid week

    Sunday, April 20 2014 9:26 AM EDT2014-04-20 13:26:29 GMT
    A glorious Easter Sunday is in store with abundant sunshine and temperatures climbing into the mid 70s. The wind will begin to shift out of the south today, allowing temperatures to rise ten degrees above normal.More >>
    A glorious Easter Sunday is in store with abundant sunshine and temperatures climbing into the mid 70s. The wind will begin to shift out of the south today, allowing temperatures to rise ten degrees above normal.More >>
  • Eleven fight for 1:1 draw in front of sellout crowd

    Eleven fight for 1:1 draw in front of sellout crowd

    Sunday, April 20 2014 8:47 AM EDT2014-04-20 12:47:08 GMT
    It was a night of repeats for Indy Eleven as the North American Soccer League expansion side attracted its second consecutive sellout crowd at IUPUI’s Michael A. Carroll Stadium in addition to its second 1-1 draw, this time against the Tampa Bay Rowdies.More >>
    It was a night of repeats for Indy Eleven as the North American Soccer League expansion side attracted its second consecutive sellout crowd at IUPUI’s Michael A. Carroll Stadium in addition to its second 1-1 draw, this time against the Tampa Bay Rowdies.More >>
BEIJING -

China's trade picked up and inflation eased in January as a shaky economic recovery gained traction.

Much of the change was due to the Lunar New Year holiday, which distorts China's economic data each year. But analysts said data reported Friday looked promising.

Export growth accelerated to 25 percent from the previous month's 14.1 percent as companies rushed to fill orders before shutting down for a holiday break of up to two weeks. Import growth accelerated to 28 percent, more than quadruple the previous month's 6 percent.

China's trade growth has rebounded in recent months in a sign of economic recovery but longer-term trade measures are likely to show lower growth than January's double-digit increase. Analysts say the recovery will be gradual and too weak to support a global rebound without improvement in the United States and Europe.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Powered by WorldNow