China’s exports stay strong, trade surplus hits $84 billion
The Hindu
Exports and imports are much higher than a year ago, when much of the world was in the throes of the COVID-19 pandemic, but there is widespread concern that economic headwinds are slowing growth
China’s exports remained strong in October, a positive sign for an economy trying to weather power shortages and COVID-19 outbreaks.
The country’s customs agency said Sunday that exports totaled $300.2 billion, up 27.1% from a year ago. That was down from a 28.1% increase in September but still healthy. Imports came in at $215.7 billion, a 20.6% rise.
Exports and imports are much higher than a year ago, when much of the world was in the throes of the COVID-19 pandemic, but there is widespread concern that economic headwinds are slowing growth.
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