China Bounces Back

China is cashing in on economic uncertainty in the U.S. Chinese currency is at its highest level in over two years.

Under President Trump, China has been at a trade war with the United States. Leaders in the country are hopeful that this war will cool off under President-elect Biden.

The Chinese economy seems to have recovered from the pandemic with a 1.9% growth in 2020 and the country is aiming for 50 million Covid vaccinations within the month.

Meanwhile, the dollar is down 0.3 percent against foreign currency.

 

Share this article

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on whatsapp
Share on vk
Share on email
Share on reddit

Related Articles

Join the mailing list

Get the daily email that makes reading the investment news actually enjoyable.

Scroll to Top