China’s exports rose in December for the first time in 14 months and imports surged 55.9 percent to a record as the nation helps power a global recovery.
Exports climbed 17.7 percent from a year earlier, the customs bureau said on its Web site today. None of 21 economists in a Bloomberg News survey forecast such large gains in exports or imports. The year-on-year comparisons are affected by declines from late 2008 as the global credit crisis deepened.
Bloomberg