By Associated Press
https://www.dw.com/en/top-stories/s-9097
China's economy appears to be recovering from the pandemic-induced slowdown, reporting an on-year rise in exports of 7.2% in July on Friday.
The increase confounded market analysts' expectations. They had predicted a modest drop in exports of around 0.2% – 0.7% caused by a recent spike in global virus infections, sparking renewed lockdowns and weakening global demand.
China, where the virus broke out in early December, was the first economy to shut down to fight the coronavirus and the first to reopen after the ruling Communist Party declared victory over the disease in March.
Its economy, like many around the world, suffered its worst economic contraction in decades as a result of the economic shutdown.
https://www.dw.com/en/chinas-july-exports-spike-an-unexpected-72/a-54478531