
Trade is giving China's economic recovery a boost
CNN
China's economic recovery is continuing to gather steam.
Imports surged more than 38% last month in US dollar terms compared to a year earlier, according to customs data released Tuesday. It's a sign that demand within China is picking up as the country moves past the worst of the economic damage wrought by the coronavirus pandemic. Exports grew by nearly 31% in March compared to a year prior — less than analyst expectations, but still strong. The surge is partly because China had shut down large swaths of its economy in early 2020 to contain the coronavirus outbreak.More Related News