Economy China exports surge in 2021 as global demand picks up

Economy China exports surge in 2021 as global demand picks up

Economy




Updated 4 hours ago ·
Published on 14 Jan 2022 2:00PM ·





Economy
China’s quick rebound from the coronavirus in the past two years have allowed factories to operate and feed global appetite for electronics and medical supplies, resulting in a 29.9% spike in exports while imports grew 30.1% in 2021. – EPA pic, January 14, 2022.

CHINESE exports surged in 2021 on solid global demand as countries reopened from pandemic lockdowns, data showed today, bumping its overall trade surplus to a new high and providing a much-needed boost to the stuttering economy, but officials warned of headwinds.

The world’s second-biggest economy saw a quick rebound from the coronavirus in the past two years – after cases first surfaced in a central city in late 2019 – allowing factories to operate and feed global appetite for electronics and medical supplies.


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