China's exports jump 14.1% in December

Confirming a series of indicators that China's economy is picking up, the nation's exports rose a surprising 14.1% in December year-on-year, broadening the base of China's economic turnaround from domestic sources. Year-on-year comparisons of exports to both the U.S. and Europe turned positive in the latest month from November's negative figures. For the year, however, China's foreign trade grew 6.2%, short of the government's 10% goal.

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Business Insider · Wall Street Journal, The · Xinhuanet.com (China)

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