11 Jan China stocks edge up despite soft trade data; Hong Kong also up
SHANGHAI, Jan 12 (Reuters) – China stocks shrugged off soft
trade data to rise on Friday morning, helped by gains in banking
and energy firms.
** China’s exports and imports growth slowed in December after
unexpectedly surging the previous month, adding to signs of
ebbing economic growth as the government extended a crackdown on
financial risks and factory pollution.
” Although the trade data are often volatile, this latest
decline (in import volumes)…is a sign that domestic demand may
have we
trade data to rise on Friday morning, helped by gains in banking
and energy firms.
** China’s exports and imports growth slowed in December after
unexpectedly surging the previous month, adding to signs of
ebbing economic growth as the government extended a crackdown on
financial risks and factory pollution.
” Although the trade data are often volatile, this latest
decline (in import volumes)…is a sign that domestic demand may
have we
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