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China’s December export growth beats expectations

by ChemOrbis Editorial Team -
  • 14/01/2021 (07:04)
China’s exports in December grew 18.1% on-year, according to data from the country’s General Administration of Customs.

While the growth was better than analysts’ expectations of a 15% increase, it was lower than the 21.1% jump in November.

Imports increased 6.5% in December compared to 4.5% in November.

The Chinese economy’s recovery since coming out of the COVID-19 lockdown in April last year has been helped by fiscal stimulus by the government and low lending rates.
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