China Exports Show Sharp Drop in Jan. as Demand Remains Light (FXI) (UUP)

China's exports showed a sharp decline last month as both global and domestic demand continued to wane.

According to China's General Administration of Customs, exports fell 3.3 percent in January 2015, from a gain of 9.7 percent the prior month.

News comes as growth in China slowed to 7.4 percent in 2014, the worst performance seen in the country in about 24 years. Leaders are expected to cut 2015 growth expectations to just 7 percent this year.

Traders will be keeping an eye on iShares FTSE/Xinhua China 25 Index (NYSE: FXI) today.

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