The two nations are looking for an alternative to the high borrowing rates EM nations face in the market.
It marks an end to a pattern that has seen the global middle class expand without fail since the 1990s.
Across the U.S., counties that Biden won tended to have been hit harder economically by the pandemic.
Policies struggle to cope with the unprecedented wave of layoffs.
State governments are scrambling to cope with the historic surge in unemployment claims.
Trump has once again intervened in U.S. trade relations - this time in favor of more open trade.
The decline in imports could have had more to do with weakening U.S. domestic demand and business investment than anything else.
Trump’s China tariffs are shifting trade flows in some intended ways. But not all signs are positive.
Trump indicated that the U.S. and China are - still - close to completing phase one of a trade deal.
Even amid a growing rift on Hong Kong, China is optimistic about a potential partial trade deal.
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