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 business of some Chinese exporters who rely heavily on the US market, the answer is yes.