China's trade data are volatile in the early months of each year as companies shut down for several weeks during the Lunar New Year and then buy raw materials to resume production.
China issues its monthly trade data on Friday, and that data, too, will be closely monitored.
The Shanghai Composite Index recouped early losses to end the session flat at 2226.13 as investors digested China's latest trade data.
We will undoubtedly see impossible-to-explain discrepancies once other nations report 2012 trade data with China.
However, some analysts tempered the enthusiasm, saying trade data for China is unpredictable at the beginning of the year because of the Lunar New Year holiday when many factories shut down.
BBC: China's March trade deficit may signal key import shift
Many resource-sector stocks in the region ended lower on a sharp recent sell-off in commodities, and concerns about demand from China, concerns made worse by the March trade data.
Japanese stocks climbed for the seventh successive session on Friday, reaching a fresh multiyear high, as the yen fell against the U.S. dollar, while Hong Kong and Australian markets rose after trade figures kicked off China's monthly economic data.
China released data Thursday showing a smaller-than-expected trade surplus in September, which will likely take some pressure off Beijing to let the yuan rise faster, the Wall Street Journal reported from Shanghai Thursday.
FORBES: China Sends Message To Harry Reid; Weakens Yuan In Protest
On Friday China will issue a fresh batch of economic data, including inflation and trade balance reports.
Later this week China will issue a fresh batch of economic data, including inflation and trade balance reports.
FORBES: P.M. Kitco Metals Roundup: Gold Ends Firmer on Short Covering, Bargain Hunting
Also later this week China will issue a fresh batch of economic data, including inflation and trade balance reports.
FORBES: A.M. Kitco Metals Roundup: Gold Firmer Despite Bearish Outside Market Forces
Commentators raised questions after China reported much stronger trade with other countries in recent months than was shown by data from the governments of those economies.
Also China will issue a fresh batch of economic data late-week, including inflation and trade balance reports.
Stocks in China were higher ahead of the next dose of economic data to come out, with trade and inflation data for April scheduled to be released on Wednesday and Thursday respectively.
But in 2010 alone, China's trade with Africa expanded by more than 43%, according to official Chinese trade data, and it replaced the U.S. as Africa's largest trade partner.
Lucas said the markets were probably overreacting to the China growth news, but it creates a disquieting picture when coupled with last week's trade data showing some weakness in the country's exports.
Stocks in China were close to flat ahead of the next dose of economic data to come out, with trade and inflation data for April scheduled to be released on Wednesday and Thursday respectively.
The manufacturing data was China's first economic release of the month, and will be followed by trade and inflation figures at the end of next week.
The robust trade data and tame inflation numbers are a positive for the world market place because they suggest China is on the upswing and also will not have to tighten monetary policy to keep inflation in check.
FORBES: A.M. Kitco Metals Roundup: Gold Slightly Down; Little Reaction to China Economic Data
Additionally, government data released Wednesday showed April trade growth accelerating, but Lun said export figures might be inflated and China's recovery might be weaker than it looks.
应用推荐