China’s 2020 exports up despite coronavirus

China’s total exports rose in 2020, with surplus surges up by $535B, despite pressure from the coronavirus pandemic and a tariff war with Washington. 


The $535 billion surplus has boosted its politically volatile trade, and it’s one of the highest ever reported. Exports increased 3.6% over 2019 to $2.6 trillion, an improvement on the previous year’s 0.5% gain.

Exports to the United States rose despite tariff hikes on most Chinese goods

Exports to the United States increased by 7.9% over 2019 to $45.2 billion despite tariff hikes on most Chinese goods by the Trump administration in a feud with Beijing over technology and security.


Imports of U.S. goods rose 9.8% to $13.5 billion, increased by Beijing’s promise as part of a truce between the two countries.


December exports to the United States were $4.6 billion. Imports of American goods were $1.6 billion, giving China a $3 billion surplus.


China’s exporters also benefited from the relatively early reopening of its economy and demand for masks and other Chinese-made medical supplies.

Current increase in Chinese exports expected to reduce soon

Chinese exporters have taken market share from foreign competitors that are still battling the coronavirus epidemic, but the advantage is expected to reduce soon as coronavirus vaccines are rolled out and other economies return to normal. Demand for medical goods is also receding.


“The current strength of exports is unlikely to be sustained indefinitely,” said Julian Evans-Pritchard of Capital Economics in a report. He added that imports “are likely to drop back” as the government reduces high spending and other support for economic activity.


The general administration of customs of China seem to be on the same wavelength as Julian. In a recently released statement, the government parastatal warned against complacency, saying the global economic situation “is still grave and complex.”

How GPT Chatbots Are Influencing New Approaches To Online Marketing

The digital marketing landscape is in a state of perpetual flux, with innovative technologies regularly emerging and transforming how brands engage with their audiences. Among these advancements, GPT chatbots have become a pivotal force, redefining the interaction between consumers and online content. These AI-driven conversational agents are not just revolutionizing customer service; they are also reshaping online marketing strategies. With their ability to mimic human conversation and provide instant, personalized responses, they are creating new opportunities for businesses to connect with customers. This captivating evolution invites us to explore how these chatbots are influencing online marketing techniques, driving traffic, and enhancing user engagement. Engaging with the versatility of GPT chatbots opens up a world of possibilities for marketers looking to innovate and stand out in a crowded digital space. Read on to uncover the transformative impact of these chatbots on onlin... See more

Exploring The Impact Of Online Casinos On Chile's Economy

The digital age has woven online gaming into the fabric of modern entertainment, with online casinos emerging as a significant segment. Far from being simply a pastime, these virtual platforms have grown to have a meaningful influence on economies around the world. Chile, with its burgeoning internet connectivity and a penchant for gaming, presents a fascinating case study in this regard. As we peel back the layers, we uncover a complex relationship between online casinos and the Chilean economy, one that is rife with both opportunities and challenges. How exactly do these digital establishments impact the fiscal landscape? In what ways do regulatory measures and technological advancements play a role? This exploration delves into the multifaceted effects that online casinos have on economic growth, job creation, and government revenue in Chile. Join us as we navigate the intricate web of economic interactions and consider the potential future of this digital phenomenon within the Chi... See more

What are the popular recommendations for the best video games and action games of the moment ?

The video game industry is constantly evolving, offering a multitude of choices for players looking for thrills and immersive experiences. Among the plethora of games available, it can be difficult to know which one to choose. This article presents a selection of popular recommendations for the best video games and action games of the moment. Whether you are passionate about epic adventures, thrilling combat or captivating open worlds, these games guarantee hours of intense entertainment. The Last of Us Part II “The Last of Us Part II” is a highly anticipated sequel to a critically acclaimed game. This post-apocalyptic action-adventure game immerses you in a devastated world where you play as Ellie, a young woman in search of revenge. Feel free to check out this resource to learn more. With stunning graphics, gripping storytelling, and heart-pounding action sequences, this game delivers an immersive and emotional experience. The Last of Us Part II is acclaimed for its emotional storyte... See more