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Strategies & Market Trends : China Warehouse- More Than Crockery
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To: RealMuLan who wrote (4772)5/5/2005 2:00:30 AM
From: RealMuLan  Read Replies (1) of 6370
 
U.S., China go 2 ways on trade
Markets: Overlooked in the uproar over Chinese imports is the export boom in the other direction.
By Evelyn Iritani
Los Angeles Times
Originally published May 4, 2005

Surging imports from China have produced record U.S. trade deficits with that nation, grabbing headlines and fanning protectionist flames here.

But often overlooked in the trade tussle is another fact: U.S. exports to China also are booming.

Spurred by China's sizzling domestic growth and market-opening measures triggered by the country's 2001 entry into the World Trade Organization, U.S. exports to China more than doubled between 2000 and 2004. China has become America's fifth-largest export market, behind Canada, Mexico, Japan and Britain.
baltimoresun.com
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