Residents walk on a street in Fengjing town of Jinshan district, as the city eases the lockdown in some areas amid the coronavirus disease (COVID-19) outbreak, in Shanghai, China April 11, 2022. Picture taken April 11, 2022.
BEIJING: China’s exports rose 15.7% in March over a year earlier while imports were flat due to disruptions from coronavirus outbreaks.
Exports rose to $276.1 billion despite anti-virus controls in Shanghai and other industrial centers that caused factories to reduce production, customs data showed Wednesday. Imports rose less than 1% to $228.7 billion.
The ruling Communist Party "zero-tolerance” anti-virus strategy is weighing on consumer and factory activity by confining most of Shanghai’s 25 million people to their homes and suspended access to other manufacturing centers.
