China Exports Grow 26.7% Despite Weaker Demand, Storm

An acceleration of China's export growth in January will likely bolster the case for Beijing to continue its tight monetary policy.

Economists said the trade data and rebounding money-supply growth in January will encourage China's government to continue trying to curb inflation and economic overheating, instead of easing policy to cushion the nation from the impact of a slowing U.S. economy.

China's exports in January grew 26.7% from a year earlier, higher than December's 21.7% rise and the average forecast for an 18.5% gain in a poll of eight economists by Dow Jones Newswires, data issued Friday by the General Administration of Customs showed.

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- Posted: 2008-02-15 10:12:22

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