Soaring China-US trade points to ‘political chill, economic heat’

An aerial photo taken on Nov. 3, 2020 shows the container dock of Yangshan Port in Shanghai, east China. - Xinhua

BEIJING (Global Times): There is a high likelihood that China and the US will post a bilateral trade record this year, experts said, as their industries and economies are closely intertwined and cannot be decoupled, despite ongoing geopolitical spats and some US politicians' hue and cry intended to stem China's rise.

The inseparable China-US economic relations are reflected in the two countries' trade data. Although no moves have been taken yet to remove the trade-war tariffs, China-US bilateral trade started to take off around mid-2020 in the depths of the pandemic and has showed no signs of abating into 2021.