News Summary: China trade picks up, prices ease

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Posted: Friday, February 8, 2013 12:00 am | Updated: 5:15 pm, Tue Mar 25, 2014.

(AP) - ECONOMY IMPROVES: China's trade picked up and inflation eased in January as a shaky economic recovery gained traction.

HOLIDAY EFFECT: Much of the change was due to the Lunar New Year holiday, which distorts China's economic data each year.

LOOKING FORWARD: Analysts said the January data still looked promising, but the trajectory of the recovery remains gradual and too weak to support a global rebound without improvement in the United States and Europe.

© 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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