China exports jump 7.2% in July, driven by rising demand for medical supplies, despite tensions with the US | Markets Insider

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China exports jump 7.2% in July, driven by rising demand for medical supplies, despite tensions with the US

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had expected a fall of 0.6%. Meanwhile, China's imports for July fell 1.4% year-on-year.

Economists have said that an increase in demand for medical products to safeguard oneself against coronavirus, like face masks, led to the bump in exports, according toIt remains unclear whether this level of demand for medical goods will last much longer. But data observers say the jump is unlikely to carry on because COVID-19 clusters have emerged since late July, as lockdown restrictions may have been removed in a hurry.

Representatives from Washington and Beijing are due to meet next week to review the implementation of the phase one agreement on trade signed at the start of the year.

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Americans can't make our own damn supplies?!!

Don't be telling the MAGA crowd

Biz gerizekalı gibi bedavaya dağıttık.

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