Mainland Export Data Bests Market Target

China export growth in April may be too good to be true , with economists unanimously linking the strong performance to speculative fund inflows betting on yuan appreciation.

In April, export grew 14.7% from a year earlier, sharply higher than market expectation for a 9.2% increase and 10% growth in March, Customs data showed.

Imports increased 16.8%, compared with a 14.1% growth in March, as companies stepped up purchases of commodities.

~SCMP, May 8, 2013 ~

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