China＇s Soaring Exports Agitates Currency Debate

On March 10, statistics from China＇s General Administration of Customs showed that its exports climbed 45.7% in February from a year earlier, and 21% increase from January, beating estimates and providing fresh evidence of a robust recovery in an economy poised to overtake Japan as the second-largest in the world. Economists said the data signaled a rebound in consumer demand from the United States and other Western markets after the financial crisis last year.

China＇s Soaring Exports Agitates Currency Debate