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Market Update: China Imports Rise the Most in Over a Decade
Imports to China jumped 51.1 percent year-on-year to USD 218.39 billion in May 2021, compared with market consensus of 51.5 percent surge, and after a 43.1 percent rise a month earlier. This was the steepest increase in inbound shipments since January 2011, amid strengthening domestic demand and surging commodity prices. source: General Administration of Customs [/s2If]
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