Business & Finance

China exports soar to highest level in decades after Covid-19 hit

  • Exports spiked 60.6 percent on-year in the January-February period, above analysts' expectations and boosted by electronics.
Published March 7, 2021 Updated March 7, 2021 05:26pm
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BEIJING: China's export growth jumped to the highest in over two decades, official data showed Sunday, with imports also surging in a sharp bounce back from the coronavirus outbreak that had brought activity to a near halt.

Exports spiked 60.6 percent on-year in the January-February period, above analysts' expectations and boosted by electronics and mask shipments, while imports rose 22.2 percent, official data showed Sunday.