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Strategies & Market Trends : China Warehouse- More Than Crockery
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To: RealMuLan who wrote (3683)11/11/2004 4:13:02 PM
From: RealMuLan  Read Replies (1) of 6370
 
"US exports of farm produces to China have kept rising since 1999. The value reached about 6.3 billion USD in August,2004, against some 1 billion USD at the beginning of 1999. In the fiscal year from October, 2003 to the same month of this year, US delivery of agricultural, forestry, fishery and animal husbandry products to China soared 70 percent over the previous fiscal year.

Amid the enormous US deficit in its trade with China, US enjoys a surplus of 2.3 billion USD in its trade on agricultural and side-line products with China. Soy beans, cotton, furs and leather, wheat and timbers contribute most to the situation. And the boom of China's processing sector develops a better appetite for raw materials than for processed food. "
english.people.com.cn
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