Volatile pandemic conditions globally and the constrained production of goods in Southeast Asia, caused by recent Delta variant outbreaks, combined to prop up global demand for Chinese goods last month, leading to a stronger-than-expected surge in exports. Analysts and economists have been trumpeting their predictions that China’s exports growth will come off the boil in the second half of this year, after they had soared to levels higher than what was seen before the pandemic amid strong demand from locked-down developed countries.…

Volatile pandemic conditions globally and the constrained production of goods in Southeast Asia, caused by recent Delta variant outbreaks, combined to prop up global demand for Chinese goods last month, leading to a stronger-than-expected surge in exports. Analysts and economists have been trumpeting their predictions that China’s exports growth will come off the boil in the second half of this year, after they had soared to levels higher than what was seen before the pandemic amid strong demand from locked-down developed countries.…