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Global Trade Comes Back to Life After Virus Lockdowns
Global trade momentum turned positive for the first time this year in August, according to the monthly CPB World Trade Monitor.
24 Oct 2020, 12:26 AM IST 
Shipping containers sit at the Kwai Tsing Container Terminal in Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)
(Bloomberg) -- Global trade momentum turned positive for the first time this year in August, according to the monthly CPB World Trade Monitor. A slowdown at the end of 2019 turned into a full slump in 2020 as business ground to a halt because of the coronavirus. The pickup in the monitor tallies with surveys showing solid industrial and manufacturing figures in major economies in recent months.
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