Why is Biden proposing a massive stimulus plan for ... Chinese manufacturers? A brief history of the new trade wars
The biggest market for Chinese goods in November was the United States, which bought US$51.9 billion worth, a year on year increase of 46 per cent. In December exports to the U.S. jumped 34.5%. For the full year, China’s trade surplus with the U.S. reached another record of $316.9 billion. China’s relatively quick containment of the virus resulted in fa…