China exports rise for first time in 6 months: customs data / Photo: STR - AFP
-
Best Pet Advent Calendars for Christmas 2026: Dog Treats and Cat Toys
-
IIM Indore Announces IPMAT 2027 Exam Date for April 24
-
Grattan Institute Releases Blueprint to Target Specialists Over Excessive Fees
-
The Dilemma of Recording Live Music: Preserving Memories vs. Being Present
-
Arizona Science Center Hosts Girls in STEM Astro Adventures for Students
-
ANC’s Renewal Rhetoric Fades as Voters Reject Party in 2026 Local Elections
-
New Turkish Cafe, Japanese BBQ, and Korean Restaurants Open Across East Bay
-
Foreign Investors Return to Indian Markets After 10-Month Selloff
-
Knowle Move Four Points Clear at Top After Histon Victory
-
Honda CR-V and Toyota RAV4 Lead Canada’s Most Stolen Vehicles List for 2025
-
Physicians Urge Arizona to Ban Medical Gag Clauses and Enable Private Lawsuits
-
China Extends Tariff Suspension on US Imports to Stabilize Trade Ties
-
New Campaign Highlights Knowledge Gaps on Carbon Monoxide Safety Among Americans
China exports rise for first time in 6 months: customs data
China's exports rose in March for the first time in six months, customs data showed Thursday, as the world's second-largest economy continued its economic recovery following the end of onerous coronavirus curbs late last year.
Total exports soared 14.8 percent year-on-year, the data showed, a sharp rise from last March when strict virus lockdowns crippled normal economic activity.
The first jump since September upended the expectations of analysts, many of whom predicted a further decline, according to Bloomberg News.
"The positive surprise may be partly due to a low base effect -- the Covid outbreaks in March last year forced many factories to shut down," said Zhiwei Zhang, of Pinpoint Asset Management.
The strong growth may also be a result of "inventory and order cycles for exporters", Zhang added.
China abruptly ditched some of the world's strictest Covid curbs in December, unleashing a wave of cases that prevented many businesses from operating normally.
The outbreak "likely depleted factories' inventories", Zhang said, but added that "factories are (now) running at full capacity (and have) caught up the cumulated orders from the past".
Imports contracted 1.4 percent, the data from the General Administration of Customs showed.
M.Gameiro--PC
