Our correspondent takes a closer look at this new nationalism in China, where there is a sharper sense that the Western powers are in perhaps irreversible decline, and that the pandemic has confirmed China’s ascent.
The numbers: In November, China reported a record trade surplus of $75.43 billion, propelled by an unexpected 21.1 percent surge in exports compared with the same month last year. Leading the jump were exports to the United States, which climbed 46.1 percent to $51.98 billion, also a record. |
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