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China cashes in on America’s coronavirus lockdown

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China cashes in on America's coronavirus lockdown

Article bFOXBusiness.

China’s tech shipments surged 37% in the three months through June

China’s economy is getting a boost from soaring demand for tech products that make it easier and more efficient for Americans to work from home during the COVID-19 pandemic, according to economists at one Wall Street bank. […]

Purchases by the U.S. surged 7.8% even as the total volume of imports into the world’s largest economy shrank 20%. […]

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