- China’s foreign trade increased 24.5 percent over the same period last year, with its exports rising 24.5 percent and imports 24.4 percent
- China’s stable economic performance has helped the world to make up for the losses the pandemic has caused the major economies
There is still no sign that the global economy will return to normal any time soon, thanks to the resurgence of the pandemic caused by the Delta variant of the novel coronavirus, the stability of China’s economy matters a great deal to its eventual recovery and how the global fight against the virus proceeds says an article on China Daily.
China’s trade increases
China’s foreign trade increased 24.5 percent over the same period last year, with its exports rising 24.5 percent and imports 24.4 percent. Those rates are the highest in the past decade. Its exports to its traditional foreign markets rose by 22.6 percent in the past seven months over the same period last year while its exports to emerging markets expanded by 26.5 percent.
Stable economic performance
It is obvious that China’s economy is continuing to integrate further with the world. A lack of daily necessities would have greatly affected people’s lives in many countries without imports from China. In other words, China’s stable economic performance has helped the world to make up for the losses the pandemic has caused the major economies.
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Source: China Daily
