China’s Exports Grow

China’s exports grew 10.6 percent in January from the year-ago period, compared to a Reuters poll of economists forecasting a 2 percent growth, and higher than the 4.3 percent rise recorded in December.

Imports, meanwhile, climbed 10 percent in January, versus a 3 percent rise forecast in a Reuters poll, and compared to the 8.3 percent gain in the month before.

Asian equities were mixed following the data with Japan’s Nikkei leading gains by 1 percent, the Shanghai Composite down 0.2 percent and the Australian dollar steady above 90 U.S. cents at a one-month high.


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