China’s Exports Rise More Than Forecast

China’s exports climbed more than estimated last month as stronger demand from abroad helps bolster growth.

Overseas shipments rose 9.7 percent in December from a year earlier, exceeding the 6 percent median estimate in a Bloomberg News survey. Imports fell 2.4 percent, compared with projections for a 6.2 percent decline, leaving a trade surplus of $49.61 billion, the customs administration said in Beijing.

China’s export engine kept firing in 2014, boosting an economy weighed by a property slump and spare capacity. Gross domestic product climbed 7.4 percent last year, the slowest expansion since 1990, economists project.

Bloomberg