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Economy

Singapore and Indonesia exporters catch China's GDP tailwind

Data bodes well for ASEAN economy's comeback from COVID

A containership leaving Jakarta: Indonesia's non-oil and gas exports to China grew about 63% during the first quarter.   © Reuters

SINGAPORE -- Southeast Asian countries' exports are growing on the back of China's sharp rebound from the COVID-19 pandemic, the latest official statistics show, brightening the region's economic picture.

China on Friday reported its gross domestic product jumped a record 18.3% on the year in the first quarter of 2021, versus the 6.8% contraction seen in the same period of 2020 at the start of the health crisis.

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