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Booming Global Trade Helped China Exports Surge Last Year

Bloomberg business news
JPMorgan Senior China Economist Grace Ng discusses the Chinese economy and trade numbers.(Source: Bloomberg)
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China’s exports rose in December, capping a year of stronger trade growth buoyed by a robust global economy.

Demand for Chinese products is holding up as growth in major trade partners remains intact, and a feared trade war between China and the U.S. has yet to materialize. An imports boom is being driven by the economy’s unexpectedly robust expansion in 2017, with the nation’s gross domestic product expanding by about 6.9 percent last year, the official Xinhua News Agency cited Premier Li Keqiang as saying this week.