Vietnam: Report on export and import of aquaculture and agriculture to China
China
Vietnam
Published Dec 11, 2020
Tridge summary
Source: Institute of Policy and Strategy for Rural Development Market OVERVIEW The world's second largest economy continued to recover after being hit hard by the COVID-19 crisis earlier this year. China's exports grew at the fastest pace in 19 months in October, up 11.4% from a year earlier, higher than the 9.9% increase in September, bringing the trade surplus in October to 58.44 billion USD, higher than the surplus of 37 billion USD in September.
Original content
Source: Institute of Policy and Strategy for Rural Development Market OVERVIEW The world's second largest economy continued to recover after being hit hard by the COVID-19 crisis earlier this year. China's exports grew at the fastest pace in 19 months in October, up 11.4% from a year earlier, higher than the 9.9% increase in September, bringing the trade surplus in. October to 58.44 billion USD, higher than the surplus of 37 billion USD in September. Imports increased by 4.7% YoY in October, slower than September's growth of 13.2%. , marking the second consecutive month of growth. Solid trade activity could provide an impetus for a broader economic recovery for China, which has grown well after suffering a deep slump earlier this year. China's economy grew 4.9% in the third quarter from a year earlier, but growth could slow to just over 2% this year - the weakest point in more than three decades but still much stronger. compared with other major economies. The recovery in China's ...
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