China Posts Record Month For Trade Thanks To Homebound, Bored Americans
December 10, 2020
(NPR) China's economy is roaring back as Americans gobble up everything from its cellphones to its health masks, raising the stakes for trade relations with the United States as President-elect Joe Biden gets set to take over.
Data on Monday showed China notched a record $75.4 billion trade surplus in November after exports from China to the rest of the world jumped 21.1% compared to a year ago.
Much of the increase was driven by a 46% jump in exports to the United States – despite tariffs imposed by President Trump that have contributed to the worst relations between the two countries in decades.
Among the goods Americans bought from China were personal protective equipment and electronic gadgets while many work from home.
To Read More: https://www.npr.org/2020/12/07/943823204/china-posts-record-month-for-trade-and-its-got-homebound-ored-americans-to-than
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