China’s exports rose 15.7% in March over a year earlier while imports were flat due to disruptions from coronavirus outbreaks.
FILE - Driverless vehicles move shipping containers at a port in Qingdao in eastern China's Shandong Province, on Jan. 6, 2022. China’s exports rose 15.7% in March, 2022, over a year earlier while imports were flat due to disruptions from coronavirus outbreaks.
China’s infection numbers are relatively low, but the “zero-COVID” strategy has confined most of Shanghai’s 25 million people to their homes since late March and suspended access to other manufacturing centers. Exports to the United States rose 22.4% over a year earlier to $47.3 billion despite lingering tariff hikes in a feud over Beijing’s technology ambitions. Imports of American goods rose 11.5% to $15.2 billion.
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