As the coronavirus pandemic persists, here’s one encouraging sign for Chinese exports

  • Date: 02-Jul-2020
  • Source: CNBC
  • Sector:Economy
  • Country:GCC
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As the coronavirus pandemic persists, here’s one encouraging sign for Chinese exports

Employees make face masks on a production line at a glove factory, which has started producing face masks as overseas orders for masks at an all time high amid the coronavirus outbreak, on May 16, 2020 in Shenyang, Liaoning Province of China.

Yu Haiyang | China News Service via Getty Images

BEIJING “” The global coronavirus pandemic shows little signs of letting up, and some say that's creating further demand for China's medical products.

As the global economy continues to falter, the interest in Chinese medical supplies is an encouraging sign for the country's exports “” which support a critical part of its economy, as well as millions of jobs. Economists point out that demand for coronavirus-related products, such as face masks, has helped China sell more overseas than expected.

Official, albeit frequently doubted data, showed Chinese exports surprised economists by rising in April and falling less than forecast in May. 

China will increase its market share in epidemic prevention supplies, which are expected to continue supporting China's exports should there be a second wave of the coronavirus globally, according to Bruce Pang, head of macro and strategy research at China Renaissance, based on CNBC's translation of his remarks in Mandarin.

Trade figures for June are expected in about