Bloomberg: China s Nov exports up by most since early 2018 chinadaily.com.cn | Updated: 2020-12-11 11:09 Share CLOSE SAIC Motor s MG-branded electric vehicles await loading at a port in Shanghai. [Photo provided to chinadaily.com.cn]
China s exports jumped in November by the most since early 2018, Bloomberg said in its Dec 7 report titled China s Exports Surge in Year-End Rush as Pandemic Fuels Demand.
Chinese companies shipped $268 billion in goods in November, the most for any single month and more than 21 percent higher than the same month last year, according to Bloomberg. The export boom is one of the biggest economic surprises this year regarding China s outlook, with the country benefiting from effective containment of the virus and strong Christmas orders, said Zhou Hao, an economist at Commerzbank AG in Singapore.