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China Trade Spikes as Global Demand Recovers from VirusCasedemic

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#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.

Have a healthy weekend, Keep the Faith!

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Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.