China exports surge as global consumer demand strengthens

China exports surge as global consumer demand strengthens

PTIUpdated: Friday, May 07, 2021, 10:35 AM IST
article-image
Representative image |

China's exports surged 32.3 percent over a year earlier in April as global consumer demand strengthened, while imports rose 43.1 per cent.

Exports rose to $263.9 billion, in line with the previous month's growth but down from the explosive 60.6 percent rise in the first two months of 2021, customs data showed Friday.

Imports increased to 43.1 percent, accelerating from March's 38.1 percent expansion.

Exporters have benefited from the relatively 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.

Traders are watching for signs of what President Joe Biden might do about reviving tariff war talks with Beijing.

RECENT STORIES

Nifty Metal Rises For Fifth Straight Day, Strong Rally In NMDC To Tata Steel Driven By Global Cues

Nifty Metal Rises For Fifth Straight Day, Strong Rally In NMDC To Tata Steel Driven By Global Cues

India's PE & VC Investments Up 4% In November, Touching 88% Of 2024 Levels

India's PE & VC Investments Up 4% In November, Touching 88% Of 2024 Levels

Early Recovery In Loan Disbursements Signals Healthier Credit Growth In FY27: Report

Early Recovery In Loan Disbursements Signals Healthier Credit Growth In FY27: Report

Union Budget 2026-27 Expected To Boost Growth Via Fiscal Support: EY Report

Union Budget 2026-27 Expected To Boost Growth Via Fiscal Support: EY Report

Sensex Ends Marginally Lower, Nifty Inches Higher Amid IT Weakness

Sensex Ends Marginally Lower, Nifty Inches Higher Amid IT Weakness