BEIJING: China’s export growth jumped to the highest in over two decades, official data showed Sunday, with imports also surging in a sharp bounceback from the coronavirus outbreak that had brought activity to a near halt.
Electronics and textile exports such as masks contributed to the spike in outbound shipments, as demand for work-from-home supplies and protective gear against the virus outbreak soared during the pandemic.
Exports spiked 60.6% on-year in the January-February period, well above analysts’ expectations, while imports rose 22.2%, official data showed Sunday.
The latest figures stand in stark contrast to last year’s fall of around 17% in exports and 4% drop in imports.
The…
