China's foreign trade got off to a good start: exports surged by 60% in the first two months of the year and imports rose by 22%
According to customs statistics, in the first two months of this year, the total value of China's import and export of goods trade was 5.44 trillion yuan, an increase of 32.2% over the same period of last year. Exports accounted for 3.06 trillion yuan, up 50.1%; Imports were 2.38 trillion yuan, up 14.5%; The trade surplus was 675.86 billion yuan, compared with a deficit of 43.3 billion yuan in the same period last year. In dollar terms, the total value of China's imports and exports grew 41.2% in the first two months. Exports in creased by 60.6%. Imports rose 22.2 percent.
U.S. nonfarm data for February beat expectations
The U.S. labor department released the latest data show that U.S. non-farm payrolls growth in February 379000, the market is expected to grow to 189000, the unemployment rate of 6.2%, higher than the market expected before the data, the outbreak of the number of new back and continue to promote vaccination, epidemic prevention measures in parts of the United States relaxed, leading to the restoration of the service industry.
Wan Hai Shipping buys 12th container ship
In a statement, Wan Hai Shipping confirmed the purchase of the 4,178TEU container ship'Toucan Hunter' for $21 million.The ship was built in 2010. It is the third container ship that Wan Hai has bought from Belgian shipowner Compagnie Maritime Belge since last December.
South Korea's online shopping volume rose 22.4% in January
Online shopping transactions in South Korea totaled 15.0623 trillion won (86.56 billion yuan) in January, up 22.4% year on year and topping 15 trillion won for the third consecutive month. Online shopping transactions accounted for 29.9% of total retail sales. Mobile transactions grew 29.2% year on year to 10.6192tn won, accounting for 70.5%of total online purchases.
China's eight largest container ports saw a 60% surge in cargo volumes
China's port industry has seen a dramatic recovery, according to data released by the China Ports and Harbor Association, underscoring a rebound in both export production and demand. Container throughput at China's eight major ports rose 73% in early February and 48% in mid-February. Export container traffic increased by 65.5% and domestic container traffic by 43%.
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