Balance of Trade

Archive for the ‘China’ Category

China Balance of Trade

Thursday, May 29th, 2008

Wondering how the China Balance of Trade is doing these days? Well, if you’re reading this then chances are good you’re from the United States., in which case you’ll want to know the Balance of Trade in regards to US exports and imports.

Good news for China, bad news for the United States: Chinese exports to the United States have outweighed U.S. exports almost five to one in the last few years. Admittedly these numbers have come down in recent years, but China still has American at a severe disadvantage, and the last three months worth of numbers isn’t changing that much.

China’s definitely on the rise, and in one of the richest countries in the world to boot. And given the country’s trend towards commercialization and expansion of industry in the last decade, they’re bound to get better and better. Good for them.