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

Government Receives Bids For IDBI Bank Stake Sale: Divest Secretary Arunish Chawla
Government Receives Bids For IDBI Bank Stake Sale: Divest Secretary Arunish Chawla
Vidarbha At Core Of India’s Energy Future, Adani Group’s Commitment Is Generational: Jeet Adani...
Vidarbha At Core Of India’s Energy Future, Adani Group’s Commitment Is Generational: Jeet Adani...
US Commits $1.3 Billion To Pakistan’s Reko Diq Gold-Copper Project In Restive Balochistan
US Commits $1.3 Billion To Pakistan’s Reko Diq Gold-Copper Project In Restive Balochistan
Tata Steel Q3 Profit Jumps To ₹2,730 Crore, EBITDA Rises 39% To ₹8,199 Crore With Margin At...
Tata Steel Q3 Profit Jumps To ₹2,730 Crore, EBITDA Rises 39% To ₹8,199 Crore With Margin At...
Jana SFB Q3 Profit Falls To ₹9.7 Crore, Deposits Jump 30% To ₹33,733 Crore With Stable Asset...
Jana SFB Q3 Profit Falls To ₹9.7 Crore, Deposits Jump 30% To ₹33,733 Crore With Stable Asset...