17 January 2019

Feb trade data ‘may show big holiday effect’, paper says

The Lunar New Year holiday could result in unusual fluctuations in China’s February foreign trade data, the China Securities Journal reported Tuesday, citing commerce ministry spokesman Shen Danyang. Shen said trade and investment data can vary significantly in any one month, especially in the volatile trade months of January and February. He said the Sino-Japan trade figures for January should not be over-interpreted. Trade between the two countries grew 7.8 percent during the month after falling 5.1 percent a year earlier, the report said.

– Contact HKEJ [email protected]



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