Strong Chinese trade data boost global stocks

China's exports soundly beat expectations by jumping 14.1% on year in December and showed a marked improvement from a 2.9% rise in November as the growth in sales to the U.S. and EU accelerated. Imports increased 6% while the trade surplus surged 61% on month to $31.6B, well above consensus of $19.6B. The data boosted global shares (see below), although analysts warned about reading too much into what can be volatile figures