News Snapshot:
China trade surges look especially dramatic when compared with trade a year ago when the coronavirus pandemic hit Containers are seen at the Yangshan Deep-Water Port in Shanghai, China October 19, 2020. REUTERS/Aly Song China’s trade globally surged by double digits in April 2021. The reason? Recovery and hence increase in consumer demand from the coronavirus pandemic. Global exports rose 32.3% over a year ago to $263.9 billion, in line with March but down from the explosive 60.6% rise in the first two months of 2021, customs data showed Friday. Imports increased 43.1% to $221.1 billion, accelerating from March’s 38.1%...
