China-U.S. Trade Issues
Abstract
U.S.-China economic ties have expanded substantially over the past three decades. Total U.S.- China trade has risen from $5 billion in 1980 to $409 billion in 2008. In 2008, China was the second largest U.S. trading partner, its third largest export market, and its biggest source of imports. About 12% of total U.S. global trade is now with China. According to U.S. data, U.S. firms have invested around $28 billion in China (through 2007), some of which is aimed at the Chinese domestic market, while other investment has gone into export-oriented manufacturing facilities.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 03, 2009
- Accession Number
- ADA501420
Entities
People
- Wayne M. Morrison
Organizations
- Library of Congress