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CHINA / DIPLOMACY Trade record predicted for 2021, ‘more confidence’ to solve disputes with US By GT staff reporters Published: Apr 14, 2021 12:39 AM Updated: Apr 14, 2021 12:41 AM An aerial photo taken on Nov. 3, 2020 shows the container dock of Yangshan Port in Shanghai, east China. (Xinhua/Wang Xiang) There is a high likelihood that China and the US will post a bilateral trade record this year, experts said, as their industries and economies are closely intertwined and cannot be decoupled, despite ongoing geopolitical spats and some US politicians' hue and cry intended to stem China...

US recovery a boon for Chinese exporters Is the US going through a strong wave of consumption rebound as the country’s economy restarts after the coronavirus’ impact? Taking the business of some Chinese exporters who rely heavily on the US market, the answer is yes. From fireworks to medical equipment makers, Chinese businesses are seeing increasing orders from US customers, a situation they attribute to multiple factors such as rising appetite of some US clients and decreasing shipping fees. US President Joe Biden’s $1.9 trillion American Rescue Plan also played a part in lifting the ...

SOURCE / ECONOMY President’s fiscal largesse leads to Americans’ rising demand By GT staff reporters Published: Apr 07, 2021 08:08 PM A worker sews an oil-paper umbrella in a factory in Wuyuan, East China's Jiangxi Province over the weekend. With a history of more than 1,000 years in China, oil-paper umbrellas were once water-proof accessories for daily use. In recent years, they have been exported to countries like Japan and the US. Photo: cnsphoto Is the US going through a strong wave of consumption rebound as the country's economy restarts after the coronavirus' impact? Taking the...