: Chinese exports shot to a record high in 2020 as the world economy sank

Global Military Spending Hit Record High In 2020 With US In The Lead Authored by Dave DeCamp via AntiWar.com, Despite the damage coronavirus lockdowns did to the world’s economy.....»»

Global stock markets jumped on the first day of trading in 2020 as a shot of Chinese stimulus and economic data drove a gauge of world equity performance to the latest in a series of record highs, while the dollar snapped a four-day losing streak......»»

The Chinese economy grew by a record 18.3% in the first quarter of the year compared with the same period of 2020, when it had shrunk for the first time in decades due to the COVID-19 pandemic......»»

As stocks staged a huge rebound from their lows in March, when the coronavirus pandemic threw the economy into recession, the gap between the wealthy and the poor extended a widening trend to historic proportions......»»

The U.S. Labor Department said the pandemic cost 20.5 million jobs in April, pushing the unemployment rate to a post–World War II high and deepening the economic crisis, while in New York, a child died of a rare condition linked to the virus......»»

With TSMC - the world's top pure-play foundry - anticipating record-high capex levels this year, semiconductor equipment vendors particularly those engaged in TSMC's supply chain are gearing up for strong sales in 2020, according to industry sources......»»

Wall Street edged up to record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth......»»

Wall Street indexes hit new record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth......»»

World shares rose to record highs on Friday, buoyed by Chinese growth figures that suggested the world's second-biggest economy was stabilizing......»»

World shares rose to record highs on Friday, buoyed by Chinese data that suggested the world's second-biggest economy was stabilizing......»»

World stocks eased off record highs on Wednesday and U.S. and German bond yields slipped, as euphoria over a U.S.-China trade deal was tempered by U.S. Treasury Secretary Steven Mnuchin saying tariffs on Chinese goods would remain in place for now......»»

The dollar snapped a four-day losing streak on Thursday and global equity markets jumped at the start of 2020 with a shot of Chinese stimulus, ensuring last year's record-breaking rally remained intact......»»

World stock markets began the new year with a shot of Chinese stimulus, ensuring there was no immediate hangover after the gains of 2019. But as David Pollard reports, PMI surveys suggest some familiar worries over the economy still persist......»»

Toyota Motor Corp expects its global vehicle sales to stay at record highs in 2020, even as demand shows signs of slowing in China and the United States, the world's top car markets......»»

The U.S. trade deficit jumped to a five-month high in May as imports of goods increased, likely as businesses restocked ahead of an increase in tariffs on Chinese merchandise, overshadowing a broad rise in exports......»»

President Donald Trump often cites China’s massive exports to the U.S. as a grave injustice hanging over the world economy. But lately it pays to look at Chinese imports for the pain that his tariff wars are inflicting on global growth......»»

World stocks struggled and safe haven bets were back in play on Friday with German bond yields plumbing record lows as Chinese data rekindled woes about the health of the global economy and fears of a new U.S.-Iran confrontation intensified......»»

World stocks struggled and safe haven bets were back in play on Friday with German bond yields plumbing record lows as Chinese data rekindled woes about the health of the global economy and fears of a new U.S.-Iran confrontation intensified......»»

Chinese "Gen Z" shoppers in their early 20s are emerging as an increasingly powerful force in the luxury industry as brands try and tap into buoyant demand for high-end goods in the world's second-biggest economy, consultancy Bain said on Thursday......»»

WASHINGTON (Reuters) - The U.S. trade deficit narrowed sharply in March as exports increased to a record high amid a surge in deliveries of commercial aircraft and soybeans, bolstering the economy's outlook heading into the second quarter......»»