China’s exports surge in Jan-Feb despite waning trade with the US
HONG KONG (AP) — China’s exports rose nearly 22% in the first two months of the year from a year earlier, while trade with the United States contracted.
The export figures released by China’s customs agency on Tuesday were much better than economists had forecast. They far exceeded the 6.6% annual pace of growth recorded in December.
Imports in January and February rose almost 20%, up from December’s 5.7% year-on-year increase.
China’s exports have been a bright spot for...