Chicoms making money off virus they are accused of spreading
The customs agency for Beijing released data on Monday that showed trade with the United States increasing by 133.4 percent in the first quarter of 2021 to reach $12.5 billion.
Total trade for the city with all partners was up by 8.8 percent from the pandemic year of 2020, and 1.9 percent higher than pre-pandemic totals in 2019.
China’s state-run Global Times cited the figures as evidence “Beijing’s international trade has become stable” after the pandemic.
Growth was especially strong in medical goods, agricultural products, imports of iron ore for China’s heavy industry, and even exported cell phones – a business widely expected to suffer overall due to U.S. bans on China’s telecom giant Huawei over security concerns. According to the Global Times, Beijing’s cell phone exports were up 92 percent over 2020.
Medical exports were 15.2 times higher than the previous year, driven by high worldwide demand for medical goods to combat the Wuhan coronavirus pandemic. (Emphasis added.)
China’s trade growth began accelerating in the fall of 2020, including higher exports to the United States. China reported it had largely returned to pre-pandemic growth levels by the end of the second quarter of 2020, although retail sales were still seen as weak.
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It looks like the Biden administration is normalizing relations with the Chicoms despite their conduct.
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