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Sunday, May 9, 2021

China’s exports rise 30.6% in March to 241bn dollars

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China’s exports surged 30.6% in March compared to the previous year as global demand revived despite the persisting coronavirus pandemic.

Exports rose to 241 billion dollars (£175.5 billion), decelerating from the dramatic 60.6% surge in the first two months of 2021, customs data showed on Tuesday.

Imports rose 38% over a year earlier to 227.3 billion dollars (£165.5 billion) in a sign of reviving Chinese economic activity.

Exporters have benefited from the relatively early reopening of China’s economy and demand for Chinese-made masks and other medical supplies while some governments are re-imposing anti-virus curbs that limit business and trade.

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