China’s exports to Australia surged 57% in Jan-Feb 2021 despite poor relations. Why?


Aerial photo taken on Jan. 11, 2021 shows a view of the Pacific international container terminal at the Tianjin Port of north China's Tianjin Municipality.(Photo: Xinhua)

BEIJING, March 7, Global Times - China's foreign trade performance came off to a brisk start this year, with its imports and exports surging 32.2 percent in the first two months. Among the resurgence of its exports, the shipments to Australia jumped 57.2 percent year-on-year, and the reasons behind deserve serious reflection by Australian policy-makers who have been ignorantly undermining bilateral relations with its largest trading partner.

Why has China recorded an overall export jump of 50.1 percent in the first two months, and an even higher export increase to Australia? The reasons primarily include the emerging recovery of major economies around the world, as well as lower previous data due to the sudden onslaught of the novel coronavirus last year.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

Apple removes WhatsApp, Threads from China app store on government order
Alamak! Japanese dance team wows Malaysians by dancing to viral hit 'Alamak Raya Lagi'
Rains wreak regional havoc
Shared call for ceasefire
Apple CEO to meet S’pore leaders to wrap Asia tour
Tripling bilateral trade with NZ on the cards
Volcano’s fury sparks tsunami alert
Papua New Guinea on high-level itinerary
Scion PM modernised Singapore
Woman’s body found with 30 stab wounds

Others Also Read