China's Export Growth Means Light at End of Tunnel

Filed under: China

Financial Times and other news agencies (including our own Connie Madon) report that China now dominates world export economy superseding Germany, Europe's largest economy and former number one exporter. Despite resurgence in the later half of the year by growth in exports and the emergency action taken by the German Government and the Central Bank, Germany came second to China.

With the pace of economic recovery on the slow, Germany has something to be concerned about. German exports increased by 1.6% in November 2009, raising hopes that the final quarter of 2009 would bring an increase in financial activity.

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China's Export Growth Means Light at End of Tunnel originally appeared on BloggingStocks on Mon, 11 Jan 2010 16:30:00 EST. Please see our terms for use of feeds.

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