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American Rescue Plan: China’s exports set for US$60 billion boost from ‘rampant US demand’

Summary:
[unable to retrieve full-text content]David Ni is expecting a great year for his Chinese car-wheels business, thanks to the US.9 trillion boost President Joe Biden just gave to the US economy.Americans flush with US,400 stimulus cheques mean “demand in the US is rampant,” said Ni, whose Jiangsu Siborui Import and Export, headquartered in Nanjing, buys high-end aluminium alloy car wheels from Chinese producers and sells them to retailers in the United States. “Citizens get cash and they jump into shopping,” he said, predicting…

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[unable to retrieve full-text content]
David Ni is expecting a great year for his Chinese car-wheels business, thanks to the US$1.9 trillion boost President Joe Biden just gave to the US economy.Americans flush with US$1,400 stimulus cheques mean “demand in the US is rampant,” said Ni, whose Jiangsu Siborui Import and Export, headquartered in Nanjing, buys high-end aluminium alloy car wheels from Chinese producers and sells them to retailers in the United States. “Citizens get cash and they jump into shopping,” he said, predicting…

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