News Summary: China trade picks up, prices ease

February 8, 2013 @ 10:24 am

(AP) - ECONOMY IMPROVES: China's trade picked up and inflation eased in January as a shaky economic recovery gained traction.

HOLIDAY EFFECT: Much of the change was due to the Lunar New Year holiday, which distorts China's economic data each year.

LOOKING FORWARD: Analysts said the January data still looked promising, but the trajectory of the recovery remains gradual and too weak to support a global rebound without improvement in the United States and Europe.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
More Money News
Top Stories

  • Heartstopping
    Daredevils post breathtaking pictures atop Seattle landmarks

  • Snowy Passes
    Escape cold Seattle; go skiing at Crystal Mountain

  • Dirty Wars
    Director Jeremy Scahill says Obama hasn't been fighting a clean war
MyNorthwest.com - Purpose of Comments statement
Bonneville Media encourages site users to express their opinions by posting comments. Our goal is to maintain a civil dialogue in which readers feel comfortable. At times, the comments can descend to personal attacks. Please do not engage in such behavior. We encourage your thoughtful comments which: have a positive and constructive tone, are on topic, are respectful toward others and their opinions. Bonneville reserves the right to remove comments which do not conform to these criteria.

Comments