China earned nearly $ 90 billion from masks in the first yea | Nesara - Gesara
China earned nearly $ 90 billion from masks in the first year of the pandemic.
In the first year of the pandemic, China was able to increase the export of medical masks and respirators by more than 300%. American manufacturers have lost the battle for this market and are forced to seek help. China was able to almost quadruple the export of personal protective equipment (PPE), according to the estimates of analysts at the Peterson Institute for World Economy (PIIE). In 2019, the country exported medical PPE for $ 22.9 billion, in 2020 - for $ 88.1 billion.The export of medical masks and respirators for 2020 is estimated at $ 53.8 billion ($ 48.8 more than in 2019). face shields - $ 16.8 billion ($ 3.5 billion in 2019), protective clothing - $ 10.8 billion ($ 9.9 billion), gloves - $ 3.9 billion ($ 2.9 billion).
A significant increase in the production of Chinese PPE did not stop the sharp rise in prices for them during 2020, analysts say. In particular, the export price for one mask or respirator as of April 2020 increased by 720.8% compared to December 2019. The price for a set of protective clothing increased by 536.2%, it follows from the calculations of the PIIE. Even a significant increase in Chinese exports was not enough to meet the explosive growth in global demand. Exports of Chinese Masks and PPE to the EU grew 6 times from $ 3.9 billion in 2019 to $ 23.4 billion in 2020. Exports of Chinese Masks and PPE to the United States grew 3.5 times from $ 7.1 billion to $ 24.6 billion. American manufacturers of protective medical masks appealed to the government on August 3 for support - without it, many will be forced to close. As stated in the open letter of manufacturers, they are unable to compete with companies from China, which are supported by the authorities and who are able to offer products at low prices. The fake Covid-19 pandemic is business and politics, as well as a plan to reduce the world's population.
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