Business Standard

China's economic recovery continues with exports and commodities booming

The export boom has been one of the strong drivers for China's rebound, with goods shipments hitting a record $268 billion in November.

China
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China was already pulling further ahead of other major economies in November

Bloomberg
China’s economic recovery continued in December, underpinned by booming global demand for exports, rising commodity prices and a rallying stock market.
 
That’s the outlook from the latest aggregate index combining eight early indicators tracked by Bloomberg, which was unchanged from last month.
 
China was already pulling further ahead of other major economies in November, with domestic demand growing, foreign investment rising and record export demand propelling growth even as other major nations struggle amid soaring virus cases. With the Communist Party signaling there won’t be a sudden withdrawal of monetary and fiscal assistance, there’s growing confidence for a

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First Published: Dec 25 2020 | 1:34 AM IST

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