Markets crack a Chinese growth grin

Global reactions to China's trade data are an early taste of Beijing's growing market influence, and the country's exports bounce gives reasons for hope on global growth.

The Chinese economic rebound appears to be gaining momentum. A strong rise in exports and some core strength in import levels builds on other recent favourable news on retail spending, industrial production and rising share prices to suggest the Chinese economy is on the improve after almost three years of slowing GDP growth.

The Chinese international trade data revealed a pick-up in global trade and is important for a number of other reasons.

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