The Traderszone Network

Published in TZ Latest News 8 February, 2015 by The TZ Newswire Staff

Asia shares stumble over weak China trade

Asian shares wobbled on Monday after dismal Chinese trade figures fueled concern over a slowdown in the world’s second largest economy, while solid U.S. jobs data were a mixed blessing as they raised chances of a U.S. interest rates hike mid-year. Data published on Sunday showed China’s trade performance slumped in January, with exports falling 3.3 percent from year-ago levels while imports tumbled 19.9 percent, far worse than analysts had expected.

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