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China recovery data doubted

China reported stronger trade in March in a possible positive sign for its recovery but analysts said the data might be inflated and give a distorted picture of the economy's health.

business Updated: Apr 10, 2013 20:57 IST

AP
Hindustantimes
         

China reported stronger trade in March in a possible positive sign for its recovery but analysts said the data might be inflated and give a distorted picture of the economy's health.

Imports rose 14.1% after growing 5% for the January-February period, customs data showed on Wednesday, suggesting Chinese manufacturers and consumers may be buying more. Export growth slowed to 10% from the prior two-month period's 23.6%.

Analysts said data may be distorted by firms misreporting trade or government manipulation, clouding the picture of an economic recovery gaining traction.

First Published: Apr 10, 2013 20:56 IST

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