Bloomberg: China August Exports Tumble More-Than-Estimated 23.4%
September 12th, 2009
I find it interesting that this story gets very little play in the media and is buried on bloomberg and non-existent on CNBC but the story about positive reported improvements in Chinese manufacturing and Retail sales is everywere. The picture that is painted is that either (1) Chinese statistics regarding their recovery are heavily doctored and/or (2) the stimulus and recovery are largely confined to benifit internal Chinese economic expansion.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aCHW0LzLnzro