China's suddenly buoyant July trade figures raise questions

08/11/2013 | Caijing Magazine online

The reported sudden growth in China's exports and imports last month is raising questions about the figures themselves, coming after a decline in both figures the previous month. "One important question in investors' mind is whether we can trust the quality of these trade statistics because they were significantly manipulated between October 2012 and April 2013," said Ting Lu, China economist for Bank of America Merrill Lynch.

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