Caixin
Mar 07, 2024 04:14 PM
ECONOMY

China Export Growth Jumps as Nation Looks to Bolster Demand

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Rows of gantry cranes tower over the Yantian International Container Terminals in Shenzhen, South China’s Guangdong province, on Jan. 16. Photo: Bloomberg
Rows of gantry cranes tower over the Yantian International Container Terminals in Shenzhen, South China’s Guangdong province, on Jan. 16. Photo: Bloomberg

(Bloomberg) — China’s exports jumped at the start of the year, offering an early, positive signal for recovering global demand as the world’s second-largest economy contends with trade curbs and geopolitical tensions.

Overseas shipments in U.S. dollar terms rose 7.1% in the January-February period from a year earlier, well above economist forecasts and significantly higher than December’s gain. The trade surplus reached a record $125 billion, while imports grew 3.5%.

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