China's exports and imports continued to recover in January from the slump at the start of last year, according to new government figures which underlined the growing importance of other developing economies in China's trade.
The headline numbers suggested a strong rebound in trade last month, with exports rising 20 per cent over the same month last year and imports surging by 85 per cent.
However, the figures were distorted by the timing of Chinese new year holidays, which meant the economy operated for one week less last January. The import figures were also flattered by the fact that imports at the start of last year were at their lowest level since 2005.
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