Beijing, May 7, 2021 -Chinese exports grew at a forecast-busting rate last month, data showed Friday, while imports surged at their strongest rate in a decade as the global economy bounced back from the pandemic crisis and domestic consumption continued to recover at a healthy pace.
With vaccines being rolled out around the world — particularly in the key US market — and economically painful lockdowns being eased, demand for China’s goods has picked up this year, having fallen off a cliff in 2020.
Shipments abroad soared 32.3 percent on-year in April — smashing the 24.1 percent expected in a Bloomberg survey — thanks to a sharp rise in demand for electronics and medical masks.
The impressive figures are attributable to last year’s very low base of comparison owing to the pandemic but still show that the global recovery is underway, led by the United States where the economy is scorching along on…
