Thursday , June 4 2020
Home / South China Morning Post / Coronavirus: China’s medical supply boom, lockdown backlog sparked surprise April exports rise

Coronavirus: China’s medical supply boom, lockdown backlog sparked surprise April exports rise

Summary:
[unable to retrieve full-text content]A surprise jump in Chinese exports in April will be short-lived, analysts said, with the world’s second largest economy unable to stay sheltered from the demand shock to come from the global economic downturn.A 3.5 per cent rise in shipments last month caught economists by surprise and left them scrambling for explanations as the consensus forecast was for an 11 per cent contraction.The rise was, in part, due to factories coming back online in China in March and April to fulfil orders that had…

Topics:
Finbarr Bermingham considers the following as important:

This could be interesting, too:

Tyler Durden writes Johnstone: We Are Watching The Story Of America Crash Headlong Into The Reality Of America

[email protected] (TrueEconomics) writes 3/6/20: BRIC Composite PMIs for 2Q 2020

Tyler Durden writes Canadian Car Sales “Recover”, Only Crashing 44% In May, After April’s 75% Plunge

Mike Shedlock writes Are You Overpaying for Stocks?

[unable to retrieve full-text content]
A surprise jump in Chinese exports in April will be short-lived, analysts said, with the world’s second largest economy unable to stay sheltered from the demand shock to come from the global economic downturn.A 3.5 per cent rise in shipments last month caught economists by surprise and left them scrambling for explanations as the consensus forecast was for an 11 per cent contraction.The rise was, in part, due to factories coming back online in China in March and April to fulfil orders that had…

Leave a Reply

Your email address will not be published. Required fields are marked *