China’s export growthBloomberg Terminal accelerated far faster than expected in the first two months of the year, putting shipments on a record path before US and Israeli strikes on Iran disrupted global trade.
Exports soared almost 22% from a year earlier, compared with a 7.2% median estimate in a Bloomberg survey of economists. Imports jumped nearly 20%, according to a statement released by the General Administration of Customs on Tuesday, leaving a surplus of $214 billion — an all-time high for the period.
