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CHINA EXPORT GROWTH BEATS ESTIMATES

Chinese exports rose 45.7 per cent in February from the same month a year earlier, beating forecasts and providing fresh evidence of a robust recovery in an economy poised to overtake Japan this year as the world's second-largest.

The jump in exports compared with a 21 per cent rise in January and was accompanied by an import surge of 44.7 per cent from a year earlier, data released on Wednesday showed.

Analysts had expected a strong year-on-year increase because China registered its biggest fall in exports during the financial crisis in February 2009. However, the figures were even better than forecast.

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