CHINA Chinese exports rose 45.7 per cent in February from a year earlier, beating forecasts and providing fresh evidence of a robust recovery in the economy poised to overtake Japan this year as the world’s second-largest.
“The export number points to solid underlying improvement in external demand, which should provide significant support to China’s recovery in 2010,” said Brian Jackson, an analyst at RBC Capital Markets. “This should make policymakers in Beijing more comfortable with the idea of allowing currency appreciation to help deal with building price pressures.”
