Italian exports to China surge inexplicably – Bloomberg ...News

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Volumes have tripled over the past year, led by pharmaceuticals, the outlet has reported Italian exports to China have tripled over the past year, with shipments in February alone surging by 131% year-on-year, with no evident reason for the jump, according to Bloomberg. Supplies of Italian goods to China rose above €3 billion ($3.3 billion) in February, substantially up from the roughly €1 billion ($1 billion) Italy exported last February, the outlet wrote on Monday. Data provided by Bloomberg shows that the bulk of the exports were pharmaceuticals in the very specific segment of “medicaments consisting of mixed o

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