Against the background of relaxed corona measures, China’s exports increased significantly in June. As the Beijing customs administration announced on Wednesday, exports from the second largest economy rose by 17.9 percent year-on-year. Accordingly, imports increased by one percent. The growth in foreign trade has “increased significantly,” said Li Kuiwen, spokesman for the customs authority. In particular, companies in the Yangtze Delta around Shanghai experienced a “rapid recovery” due to a more relaxed pandemic situation and thus made a particularly strong contribution to the increase in foreign trade.
China has been pursuing a strict “zero corona policy” since the beginning of the pandemic, which aims to nip any outbreak in the bud. Unlike practically the rest of the world, the government in Beijing is not willing to “live with the virus”. Numerous megacities in China had imposed tough corona measures, especially in spring, to prevent the spread of the highly contagious omicron variant. (dpa)
