China Trade Surges to New Records on Strong U.S., EU Demand
Exports climbed as suppliers likely boosted year-end orders
Data show limited effect of disruptions at Ningbo port
WATCH: Helen Qiao, chief Greater China economist at BofA Global Research, discusses the state of the world’s second-largest economy.(Source: Bloomberg)Bloomberg News
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China’s export growth unexpectedly surged in August as suppliers likely boosted orders ahead of the year-end shopping season, offsetting any port disruptions due to fresh outbreaks of the delta virus.
