Six months after the World Health Organization declared COVID-19 a global pandemic, China’s economy is showing signs of recovery. Exports rose more than 9% in August compared with last year, and despite tariffs imposed by the Trump administration, exports to the U.S. increased by 27%. China also saw trade growth with the European Union, Japan and some Southeast Asia nations. This week, Beijing welcomed more than two-thousand domestic and foreign companies to showcase their latest projects and services at the 2020 China International Fair for Trade and Services. During the conference, President Xi Jinping pledged China would continue to open up its market and promote global trade.
Joining the panel:
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- Einar Tangen is a political and economic affairs commentator.
- Yan Liang is an associate professor of Economics at Willamette University.
- Thomas Hayes is the chairman and managing member of Great Hill Capital.
- Jeff Moon is an international trade and government affairs consultant.
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China's exports in August rose the most since March 2019 as economies reopened, boosting the recovery in the world’s second-biggest economy https://t.co/QPHQIEfFQ3 pic.twitter.com/jZFmSwV0sm
— Reuters (@Reuters) September 8, 2020
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— CGTN America (@cgtnamerica) September 10, 2020