Last week, the World Trade Organization (WTO) revised upwards its forecast for global trade growth in 2020 to a contraction of 9.2 per cent from a range of between minus 12.9 per cent and minus 32 per cent it projected in April. Photo: Reuters
Last week, the World Trade Organization (WTO) revised upwards its forecast for global trade growth in 2020 to a contraction of 9.2 per cent from a range of between minus 12.9 per cent and minus 32 per cent it projected in April. Photo: Reuters
China trade

China’s imports post biggest surge since before coronavirus pandemic, as trade recovery gathers steam

  • China’s exports grew by 9.9 per cent in September year on year, while imports surged by 13.2 per cent, the first growth of inbound shipments since June
  • Export growth aided by reopening overseas markets, but with new outbreaks of the coronavirus across Europe and the United States, demand may be fragile

Last week, the World Trade Organization (WTO) revised upwards its forecast for global trade growth in 2020 to a contraction of 9.2 per cent from a range of between minus 12.9 per cent and minus 32 per cent it projected in April. Photo: Reuters
Last week, the World Trade Organization (WTO) revised upwards its forecast for global trade growth in 2020 to a contraction of 9.2 per cent from a range of between minus 12.9 per cent and minus 32 per cent it projected in April. Photo: Reuters
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