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.

Excerpt
‘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.’

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