China's trade is down despite the ongoing recession following the Corona

Beijing, Ta. 3

August saw an increase in Chinese imports and exports, despite obstacles caused by a delta variant of the corona virus. In August, China's exports stood at 4.5 billion. This is 2.7 per cent more than in August last year. Exports in August, 2021 are up 12.5 per cent higher than in July, 2021.

In August 2011, China's exports stood at 6 billion. This is an increase of 3.1 per cent over August last year. This is 2.9 per cent more than in July 2021.

Last year's global economic shutdown and the re-emergence of the Corona wave this year have taken everyone by surprise by releasing encouraging figures on exports and imports, despite the disruption in the industrial production chain.

In August, China's exports to the US stood at 21.7 billion. This is an increase of 13.5 per cent over the same period last year and 18.5 per cent over July 2011. China's exports to the US have seen growth despite tariff hikes by the US.

On the other hand, imports from the US to China in August stood at 16 billion. This is an increase of 6.5 per cent over the same period last year and 2.7 per cent over July, 2021.