(FILES) This file photo taken on June 22, 2021 shows cargo containers stacked at Yantian port in Shenzhen in China’s southern Guangdong province. – China’s exports spiked more than expected in June as countries around the world pushed towards a pandemic recovery, official data showed on July 13, 2021, while imports spiked on the back of rising commodity costs. (Photo by STR / AFP) / China OUT
China’s exports spiked more than expected in June as countries around the world pushed towards a pandemic recovery, official data showed Tuesday, while imports spiked on the back of rising commodity costs.
Demand for China’s goods has risen with the global rollout of vaccines and as economically painful lockdowns to curb the spread of Covid-19.
Supply disruptions happening sporadically with virus resurgences elsewhere have also increased reliance on products from China, where the outbreak is largely under control, analysts say.
Chinese shipments overseas surged 32.2 percent on-year…
Source: Guardian Newspaper
