US News China's exports up 60 percent year-on-year

06:30  07 march  2021
06:30  07 march  2021 Source:   pressfrom.com

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China's foreign trade rose unexpectedly by 41.2 percent year-on-year in the first two months of the year.

Überraschend stark ist Chinas Außenhandel im Januar und Februar 2021 gewachsen. © Lian Zhen / XinHua / dpa China's foreign trade grew surprisingly strongly in January and February 2021.

As reported by the Chinese customs in Beijing, exports in US dollars even made a jump of 60.6 percent year-on-year. Imports also rose sharply by 22.2 percent.

Experts saw the reason for the unusually strong increase in the low comparison base in January and February of last year, when China took strict control measures after the outbreak of the corona virus in the central Chinese metropolis of Wuhan. The strong foreign trade figures also demonstrate how much China's economy has recovered since then.

In December exports had already risen by 18.1 percent, while imports had increased by 6.5 percent.

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© AFP - NICOLAS DATICHE The Japanese Minister of Foreign Affairs, Toshimitsu Motegi, surrounded by his Indian counterpart Subrahmanyam Jaishankar (left) and the Japanese Prime Minister Yoshihide Suga (right), October 6, 2020 at the Quad Summit in Tokyo. The Japanese Prime Minister Yoshihide Suga participates, this Friday March 12, with the American President Joe Biden and the Prime Ministers of Australia and India, in a virtual summit of the "Quad", the quadrilateral dialogue for security.

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