China’s Economy Shows Signs of Stabilizing ... as Exports Strengthen'
By Bloomberg News - Oct 14, 2012 9:00 AM PT
https://www.bloomberg.com/news/2012-10-14/china-s-economy-shows-signs-of-stabilizing-as-exports-strengthen.html
'China’s exports and money supply grew more than estimated in September, signaling that the world’s second-biggest economy may be stabilizing after a slowdown that began in the first quarter of 2011.
Overseas shipments increased 9.9 percent from a year earlier, the customs administration said Oct. 13 in Beijing. That was more than the 5.5 percent median estimate in a Bloomberg News survey of economists. M2 money supply gained 14.8 percent, the fastest pace since June 2011, a central bank report showed the same day....
“Better-than-expected export growth is likely to help support employment and reduce pressure for more policy easing ahead of the leadership transition,” said Chang Jian, a Hong Kong-based economist at Barclays Plc. “Monetary easing has been constrained by concerns about a rebound in property prices and medium-term inflation risks.”'
Sharpei