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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: research1234 who wrote (378042)7/23/2018 2:49:27 PM
From: Sam  Read Replies (2) | Respond to of 544178
 
The US is the largest buyer of China's products, but it is still less than 20% of their total exports. They export more to Asian countries (as a whole) than to the US. By far--more than double.

cf. worldstopexports.com
excerpt:

Below is a list highlighting 15 of China’s top trading partners in terms of export sales. That is, these countries imported the most Chinese shipments by dollar value during 2017. Also shown is each import country’s percentage of total Chinese exports.

  1. United States: US$431.7 billion (19% of total Chinese exports)
  2. Hong Kong: $281 billion (12.4%)
  3. Japan: $137.4 billion (6%)
  4. South Korea: $102.8 billion (4.5%)
  5. Vietnam: $72.1 billion (3.2%)
  6. Germany: $71.2 billion (3.1%)
  7. India: $67.9 billion (3%)
  8. Netherlands: $67.3 billion (3%)
  9. United Kingdom: $57 billion (2.5%)
  10. Singapore: $45.7 billion (2%)
  11. Taiwan: $43.9 billion (1.9%)
  12. Russia: $43.1 billion (1.9%)
  13. Malaysia: $42 billion (1.8%)
  14. Australia: $41.6 billion (1.8%)
  15. Thailand: $38.8 billion (1.7%)
Over two-thirds (67.9%) of Chinese exports in 2017 were delivered to the above 15 trade partners.

Hong Kong was the only top importers that decreased its purchases from China from 2016 to 2017, down in value by -2.2%. Among the other 14 countries, gains ranged from a minimum of 2.5% for United Kingdom up to 18% for Vietnam.




To: research1234 who wrote (378042)7/23/2018 3:00:22 PM
From: Sun Tzu  Respond to of 544178
 
If their exports drops due to the US tariffs anyway, why wouldn't they take the USD with them?



To: research1234 who wrote (378042)7/23/2018 3:35:18 PM
From: zzpat  Read Replies (1) | Respond to of 544178
 
I began by stating Trump wants another $500 billion tariffs on China. China and the markets didn't respond so it appears everyone is ignoring him. What happens if China responds? This is where you stepped into the discussion.