Understanding China, One Blog at a Time

An American in China

Horrible US – China Trade Imbalance

Posted by w_thames_the_d on June 30, 2013

Our trade imbalance with China is untenable. We buy too much and sell too little. In the process, we are ruining our economy.

‘the German trade shortfall with China came in at less than 5 percent of the whopping $315 billion U.S. trade deficit with Beijing. U.S. and German exports to China were roughly comparable in 2012, but U.S. imports from China were 4.4 times bigger than what Germany bought in China.’

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: