Table of Contents
China’s exports and imports saw growth in April after a sharp contraction the previous month, according to customs data. This indicates an improvement in demand both domestically and internationally, which is crucial as Beijing works to strengthen the economy’s shaky recovery. The data also suggests that global demand is strengthening, providing a much-needed boost to domestic growth. Beijing is counting on strong sales abroad to counteract weak consumer spending at home, which has been affected by a real estate slump. This news comes as a positive sign for China’s economy.
