Live Breaking News & Updates on Chinese Manufacturing Purchasing Managers

Analysts say exports rose 32.3 percent since April 2020, likely giving the Chinese economy a turbo boost this year.
As China extended its impressive trade performance in April, exports accelerated unexpectedly and import growth was in a decade high, boosting the world’s second-largest economy.
Analysts say that halting factory production in other countries hit by a sharp economic recovery and coronavirus in the United States has boosted demand for goods in China.
Dollar exports rose 32.3 percent from a year earlier to $ 263.92 billion, China’s General Administration of Administration said on Friday, beating analysts ’forecasts of 24.1% and growth of 30.6% in March.
“China’s export growth is again shocking,” said Zhiwei Zhang, chief economist at Pinpoint Asset Management, adding that it is likely that two factors – the strong U.S. economy and the COVID-19 crisis in India, led to a change in orders to China – likely contributed. strong export growth. ....

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