China Trade Spikes as Global Demand Recovers from VirusCasedemic
#China #trade #VirusCasedemic #imports #exports
China’s exports surged 32.3% over a yr earlier in April as global consumer demand strengthened, while imports rose 43.1%.
Exports rose to $263.9-B, in line with the prior month's growth but down from the explosive 60.6% rise in the 1st 2 months of Y 2021, customs data showed Friday. Imports increased to 43.1%, accelerating from March's 38.1% expansion.
Exporters have benefited from the early reopening of China’s economy and demand for Chinese-produced masks and other medical supplies while some governments are re-imposing anti-virus curbs that limit business and trade.
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