Hutchison Port Holdings Trust

N EXT DIVIDEND COMING SOON !!


Sharpshooter post=25734China's export growth unexpectedly speeds up in April



China's exports growth unexpectedly accelerated in April as the brisk United States recovery and stalled factory production in other countries hit by COVID-19 propped up demand for goods made in the world's second-largest economy.


 Exports in dollar terms surged 32.3 per cent from a year earlier to US$263.92 billion, China's General Administration of Customs said on Friday (May 7), beating analysts' forecast of 24.1 per cent and the 30.6 per cent growth reported in March.


We expect China's export growth will stay strong into the second half of this year, as the two factors above will likely continue to favour Chinese manufacturers. Exports will be a key pillar for growth in China this year.