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

FIIs Set For 2026 Comeback, Analysts Forecast Inflows Amid Strong GDP & Earnings Recovery

FIIs Set For 2026 Comeback, Analysts Forecast Inflows Amid Strong GDP & Earnings Recovery

NCLAT Upholds NCLT Order, Rejects Equitas Bank's Insolvency Plea Against Jumbo Finvest

NCLAT Upholds NCLT Order, Rejects Equitas Bank's Insolvency Plea Against Jumbo Finvest

PNB Exposes ₹2,434 Crore Loan Fraud By Former Srei Promoters, Flags Evergreening & Connected...

PNB Exposes ₹2,434 Crore Loan Fraud By Former Srei Promoters, Flags Evergreening & Connected...

Banking Sector Outlook Brightens: Capital Market Company Elara Forecasts Strong Q3 FY26 Loan Growth

Banking Sector Outlook Brightens: Capital Market Company Elara Forecasts Strong Q3 FY26 Loan Growth

SIP Inflows Surge Past ₹3 Lakh Crore First Time In 2025

SIP Inflows Surge Past ₹3 Lakh Crore First Time In 2025