China imports surge 35 % yoy in August-much stronger than expected 27.5 %...

Discussion in 'Economics' started by ASusilovic, Sep 10, 2010.

  1. Exports rose 34.4 percent and inbound shipments climbed a more-than-forecast 35.2 percent, leaving a $20.03 billion excess, a customs bureau report showed today.

    ...

    August imports “point to solid domestic demand,”...

    With imports indicating “robust” domestic spending, the data will help to diminish concern that the Chinese economy could be heading for a “hard landing,...

    http://noir.bloomberg.com/apps/news?pid=20601087&sid=ahGKznXxfjkc&pos=1