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

Sensex Rises 141.21 Points, Nifty Advances 51.95 To 25,987.10
Sensex Rises 141.21 Points, Nifty Advances 51.95 To 25,987.10
White House Quietly Drops Pulses From India-US Trade Deal Fact Sheet, Softens Key Commitments
White House Quietly Drops Pulses From India-US Trade Deal Fact Sheet, Softens Key Commitments
Aditya Birla Groups' Flagship Firm's Q3 FY26 Net Profit Surges 28.76% To ₹2,233 Crore Led By...
Aditya Birla Groups' Flagship Firm's Q3 FY26 Net Profit Surges 28.76% To ₹2,233 Crore Led By...
Unclaimed Bank Deposits In RBI's DEA Fund Reach ₹72,454 Crore, Government Promotes UDGAM Portal &...
Unclaimed Bank Deposits In RBI's DEA Fund Reach ₹72,454 Crore, Government Promotes UDGAM Portal &...
Odisha Clears 23 Industrial Projects Worth ₹4,112 Crore, Set To Create Nearly 10,000 Jobs
Odisha Clears 23 Industrial Projects Worth ₹4,112 Crore, Set To Create Nearly 10,000 Jobs