China's exports rose in December for the first time in 14 months, providing fresh evidence of recovery in the global economy but also placing renewed pressure on Beijing to appreciate its currency.
Following strong export figures last month from South Korea and Taiwan, China said yesterday that its exports climbed 17.7 per cent, well ahead of the modest increase that economists had predicted.
Chinese imports surged by 55.9 per cent in December, the latest indication of buoyant domestic demand in China, although the figures are also likely to increase concerns about potential inflationary pressures.
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