Chinese exports have been boosted as global demand picks up with major markets emerging from lockdowns.
BEIJING: Chinese exports grew at a forecast-busting rate last month, data showed Friday, while imports surged at their strongest rate in a decade as the global economy bounced back from the pandemic crisis and domestic consumption continued to recover at a healthy pace.
With vaccines being rolled out around the world — particularly in the key US market — and economically painful lockdowns being eased, demand for China’s goods has picked up this year, having fallen off a cliff in 2020.
Shipments abroad soared 32.3% on-year in April — smashing the 24.1% expected in a Bloomberg survey — thanks to a sharp rise in demand for electronics and medical masks.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
