Millennium Post (Kolkata)

China’s Mar exports rise 30.6%


BEIJING: China's exports rose 30.6% over a year ago in March as global consumer demand strengthen­ed and traders watched for signs of what President Joe Biden might do about reviving tariff war talks with Beijing. Exports rose to 241.1 billion, decelerati­ng from the dramatic 60.6% rebound in the first two months of 2021, customs data showed Tuesday. Imports rose 38.1% over a year ago to 227.3 billion in a sign of reviving Chinese activity.

That is a positive signal that global economic and trade activities are recovering and market confidence increasing, a spokesman for the customs bureau, Li Kuiwen, said at a news conference. Li warned, however, that the world economic situation still is complicate­d and severe. China's exporters have benefited from the relatively early reopening of its economy while some other government­s are reimposing anti-virus curbs that limit business and trade.

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