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:
— Reuters (@Reuters) September 8, 2020
Globalization is constantly evolving, so why is U.S. President Trump reiterating his call to “decouple” with the world’s second-largest economy? Vice Chair of AmCham China, Gloria Xu Yang, discusses U.S. businesses operating in China are navigating this new political terrain pic.twitter.com/wj629KnggZ
— CGTN America (@cgtnamerica) September 10, 2020