China Exports Supercharged by Medical Equipment and Work-From-Home Gear

10/13/2020

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Jonathan Cheng | The Wall Street Journal

BEIJING—China’s exports and imports both posted strong gains in September, as a recovery in global and domestic demand provided another boost to the world’s second-largest economy.

China’s imports from global markets jumped 13.2% in September from a year earlier after falling 2.1% in August, according to data released Tuesday by the General Administration of Customs.

Exports topped market expectations for a sixth straight month, rising 9.9% from a year earlier in September—the quickest pace in more than a year—as China continued to benefit from coronavirus-fueled demand for medical equipment and work-from-home electronic products.

Taken together, the strong trade figures point to a robust recovery that most economists expect will show China regaining its pre-coronavirus growth trajectory of between 5% and 6% when it reports third-quarter gross domestic product figures on Monday—and through the end of the year.

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