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+---- Thread: China’s October exports surge, imports rise amid global recovery (/thread-292.html)
China’s October exports surge, imports rise amid global recovery - superadmin - 11-08-2020
- China exports grew at the fastest pace in 19 months in October, while imports also rose, official data showed on Saturday, as the world’s second largest economy continued to recover after being hit hard by the coronavirus crisis earlier this year.
- China’s exports have stayed largely resilient amid the Covid-19 global pandemic, as strong demand for medical supplies and reduced manufacturing capacity elsewhere worked in China’s favor.
- However, some analysts said exports could come under pressure in the coming months, as major European economies, including France, Germany and the United Kingdom, went back into lockdown as a second wave of coronavirus cases gathered strength.
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