The growing U.S. trade imbalance with China
AbstractOver the past decade, the United States has gone from enjoying a small trade surplus with China to grappling with an enormous deficit. Just to keep the gap from expanding in 1997, U.S. exports to China would need to grow at an extraordinary rate--four times as fast as Chinese exports to the United States. Despite recent gains and China's efforts at trade liberalization, growth on that order appears unlikely, and the deficit can be expected to widen in the near term.
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Bibliographic InfoArticle provided by Federal Reserve Bank of New York in its journal Current Issues in Economics and Finance.
Volume (Year): 3 (1997)
Issue (Month): May ()
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- Lim, Sokchea & Khun, Channary, 2010. "U.S. Bilateral Trade Deficits with China and Japan: The Role of Japanese Direct Investment," MPRA Paper 30740, University Library of Munich, Germany.
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