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  • China's economic recovery might be a little hard for critics to take in 2021 theme countries.

  • Quick containment to Cove in 19 has allowed President Xi Jinping too quickly restart his manufacturing sector.

  • That, in turn, combined with foreign discombobulation, has allowed China incorporated to taken unprecedentedly high share of global export trade.

  • It's unsurprising that China has outperformed peers first into recession.

  • Draconian measures help the country leap out first to.

  • But even as Beijing sealed off the viral epicenter in hub, flights from China kept landing at overseas airports, setting off a pandemic that might shrink the global economy by 5% in 2020 according to World Bank estimates.

  • Yeah, well, Chinese import demand has been weak.

  • Exports have been doing very, very well.

  • The country has managed to surpass 14% of global export trade, the highest share any country has enjoyed.

  • Since 1981 companies have cashed in on foreign demand for medical supplies.

  • They've been able to keep filling overseas orders by trapped shoppers.

  • In November, the country's trade surplus hit $75 billion another record high.

  • In short, overseas demand has done a lot more to help China recover than the other way around.

  • Some will find that going there might be another irritant in the offing.

  • The yen has rallied over 6% against the dollar in 2020 and that's positioning Chinese companies to restart overseas dealmaking.

  • Diplomatic tensions may keep barriers up in Western markets in Australia.

  • The poor nations in Asia, Africa and Latin America may be happy for Chinese buyers to rescue struggling local champions.

  • Some may not even have any choice for politicians who are trying to contain China.

  • Before Cove in 19 wrecked their economies, watching it snap up distressed assets, maybe a bitter pill to swallow, they might have to choke it down anyway.

China's economic recovery might be a little hard for critics to take in 2021 theme countries.

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