China's exports last month were 25% compared to the same month last year, due to continued increases in electronic device exports due to so-called global demand for nesting, and recovery in demand in Europe and the United States. It was a huge increase.
According to last month's trade statistics released by Chinese customs officials on the 7th, the total trade value of exports and imports was $ 530.3 billion, an increase of 28.8% from the same month last year.
Of this, exports amounted to $ 29,320 million, an increase of 25.6%.
Exports of electronic devices such as personal computers continued to increase against the backdrop of so-called global demand for nesting, and exports of clothing and toys also increased, following a recovery in demand in Europe and the United States. It seems that.
China's exports have been positive since June last year.
On the other hand, the value of imports was 235,980 million dollars, a significant increase of 33.1%.
The rate of increase is larger than in July, mainly due to the international rise in prices of raw materials such as crude oil and metals.
Business sentiment in the manufacturing industry is declining due to soaring raw material prices, and there is growing caution about the impact on the Chinese economy in the future.