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

Gold & Silver Prices Dip Ahead Of US Non-Farm Payrolls Report

Gold & Silver Prices Dip Ahead Of US Non-Farm Payrolls Report

Gujarat Kidney & Super Speciality's ₹251 Crore IPO To Open On December 22

Gujarat Kidney & Super Speciality's ₹251 Crore IPO To Open On December 22

SEBI Board To Discuss Overhaul Of Mutual Funds, Brokerage Rules On December 17

SEBI Board To Discuss Overhaul Of Mutual Funds, Brokerage Rules On December 17

India’s GDP Expected To Accelerate 7.5% In FY27, Inflation To Remain Controlled: Axis Bank

India’s GDP Expected To Accelerate 7.5% In FY27, Inflation To Remain Controlled: Axis Bank

PM Modi’s Jordan Visit Strengthens Bilateral Ties, 5 MoUs Signed

PM Modi’s Jordan Visit Strengthens Bilateral Ties, 5 MoUs Signed