Masks generate 40 billion dollars for China

Masks generate 40 billion dollars for China
Masks generate 40 billion dollars for China

China accounted for the largest share of sales of masks in the global market, during the last period that witnessed the spread of the Corona epidemic.

And media quoted a report that China’s sales of masks amounted to 40 billion dollars, according to the World Trade Organization.

China acquired a 57% share of the global market, which amounted to $ 71 billion, and sales of personal protective equipment such as masks, gloves and protective clothing rose by 49% compared to last year, reaching $ 98 billion.

The World Trade Organization pointed out that strong indicators have emerged for the recovery and resumption of international trade and trade in recent months, after a significant decline due to the spread of the emerging coronavirus disease.

The organization indicated that the return of the economy will be slow, difficult and unequal, and the World Trade Organization based its forecast on global trade on a decrease in global GDP by 4.8% in 2020 and a rise of 4.9% in 2021.

Source: Agencies

Follow RT onRT
RT

These were the details of the news Masks generate 40 billion dollars for China for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

NEXT Saudi Arabia to allow Boeing 737 MAX to return to service