China’s Record Exports Are the Flipside of the Pandemic in the U.S.

[A Special Day]

Eighteen months ago, in the depths of the trade war with the U.S., few would have predicted that Chinese exports would be breaking records in 2020. But that is what has happened. And with wide-scale vaccine rollout in developed countries months away, that impressive strength has a way to run.

Chinese exports jumped 21.1% year over year in November—a rise that, excluding the annual Lunar New Year holiday period that typically falls sometime from January to February, was the strongest performance since 2011. The trade surplus also notched a high in dollar terms, hitting $75.4 billion.

Driving that rise was a surge of exports to the U.S. Big consignments of new iPhones probably boosted the numbers. Overall Chinese mobile-phone shipments alone rose nearly $8 billion month over month. But there are also more fundamental forces at work.
China’s exports in early 2020 were boosted by surging global demand for personal protective gear and medical goods. But more recently, the most obvious driver has been electronic goods such as computers—thanks to strong demand for items related to staying home, as consumers in the U.S. and Europe spend less on services such as dining out

U.S. factories wouldn’t be equipped, most likely, to handle a jump in demand for such goods in the best of times since electronics supply chains are concentrated in Asia. And now, with the coronavirus surging again nationwide, American factories may have even more trouble filling orders as workers get sick or stay home.

China’s Record Exports Are the Flipside of the Pandemic in the U.S.

Few would have pegged surging Chinese exports to the U.S. as a likely outcome for 2020 a year ago. But that looks likely to persist a while yet.

www.wsj.com

 

[向问天]

Eighteen months ago, in the depths of the trade war with the U.S., few would have predicted that Chinese exports would be breaking records in 2020. But that is what has happened. And with wide-scale vaccine rollout in developed countries months away, that impressive strength has a way to run.

Chinese exports jumped 21.1% year over year in November—a rise that, excluding the annual Lunar New Year holiday period that typically falls sometime from January to February, was the strongest performance since 2011. The trade surplus also notched a high in dollar terms, hitting $75.4 billion.

Driving that rise was a surge of exports to the U.S. Big consignments of new iPhones probably boosted the numbers. Overall Chinese mobile-phone shipments alone rose nearly $8 billion month over month. But there are also more fundamental forces at work.
China’s exports in early 2020 were boosted by surging global demand for personal protective gear and medical goods. But more recently, the most obvious driver has been electronic goods such as computers—thanks to strong demand for items related to staying home, as consumers in the U.S. and Europe spend less on services such as dining out

U.S. factories wouldn’t be equipped, most likely, to handle a jump in demand for such goods in the best of times since electronics supply chains are concentrated in Asia. And now, with the coronavirus surging again nationwide, American factories may have even more trouble filling orders as workers get sick or stay home.

China’s Record Exports Are the Flipside of the Pandemic in the U.S.

Few would have pegged surging Chinese exports to the U.S. as a likely outcome for 2020 a year ago. But that looks likely to persist a while yet.

www.wsj.com

川普加关税刺激了中国产品出口。
真是邪门。

 

[ztbll]

川普加关税刺激了中国产品出口。
真是邪门。

卖的饯而已，赔本赚吆喝。现在都是做越南印度的单子，又扒层皮而已。

 

[A Special Day]

看原文链接。有中国／美国等的进出口曲线。

 

[向问天]

卖的饯而已，赔本赚吆喝。现在都是做越南印度的单子，又扒层皮而已。

中国在全世界砸的钱从哪里来的？

还巨款收买拜登家族？

 

[ztbll]

中国全世界砸的钱从哪里来的？

老生常谈了，你要认识做出口加工的，问问现在还有利润吗，只是没办法，没利润也做，拿土工的补贴养工厂。