News Snapshot:
omotimehin nelson China , Covid19 , decades , Exports , highest , Hit , spike President Xi Jinping of China China’s export growth jumped to the highest in over two decades, official data showed Sunday, with imports also surging in a sharp bounceback from the coronavirus outbreak that had brought activity to a near halt. Electronics and textile exports such as masks contributed to the spike in outbound shipments, as demand for work-from-home supplies and protective gear against the virus outbreak soared during the pandemic. Exports spiked 60.6 percent on-year in the January-February period, well above analysts’ expectations, while imports...