Friday 28 May 2021

Why are Chinese imports & exports surging?

DW News shows that Chinese exports surged by a third to 264 Billion dollars in April from a year ago as global demand for Chinese electronics, medical equipment and clothes rose around the world.

Chinese imports climbed even higher (by more than 43% to 221 Billion dollars). In terms of trading partners, the Southeast Asian Nations, or Asean group, remained the largest, followed by the European Union, the U.S. and Japan. China’s total trade surplus stood at 43 Billion dollars for the month.

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