Tech shipments from China soared 37% from a year earlier in the April-through-June quarter, contributing 2.4 percentage points to the country’s overall export growth of 2%, wrote William Deng and Tao Wang, Hong Kong-based economists at investment bank UBS.
“Export shipments of automatic data processing units and parts, which include computers, tablets, monitors and parts, have seen a significant upswing since April,” according to Deng and Wang, who said Korea and Taiwan are also seeing “significant acceleration.”
Purchases by the U.S. surged 7.8% even as the total volume of imports into the world's largest economy shrank 20%.
5 comments:
All we need to do is remove all our pesky environmental and workplace safety laws and we can out-compete China again!
CHINA began to go down and AMERICA went up. They did this with help from Traitors in our government. The Democrats of course.. President Trump shut us down. The Democrats wanted to stay open. Now President Trump wants to open us up. Of course the democrats want to keep us shut down. So who is in cohoots with CHINA???
2:32
“Our laws”?
You and Me don’t get to run the US Government. That is the job of the richest people in the world. They finance political campaigns and then get politicians to do their bidding.
I’m pretty sure everything is going EXACTLY as the richest people in the world want it to go. Don’t you?
False ... all we have to do is level the playing field which Democrats will fight tooth and nail
Communist government of China are good folks, folks I’m SERIOUS not joking. They are not Threat of any kind. Saying the virus came from a lab in China only hurts Koreans because most Americans can’t tell them apart— joe Ba ba ba ba Biden
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