That mucked up trade ordsprog

That mucked up trade flows, affected our economy and brought an unexpected easing by the Fed. I wouldn't downplay the risks out of China.

We expect export growth to moderate in coming months but not too much as trade flows from China will remain healthy and the U.S. economy is performing quite well.

The United States' frequent implementation of restrictive measures on China's textile products according to Article 242 of China's Protocol of Accession to the WTO has created tremendous instability in the textile trade of both nations and affected the development of regular and orderly textile trade,

China is not in pursuit of a trade surplus. On the contrary, the continuous growth in trade surpluses has become one of the major concerns of the government, as it helped increase China's foreign exchange reserves to US$760 billion, which has begun to affect the national economy.

Not only is the economy slowing but it is a reminder that inflation risks diminish as the economy slows. It emphasizes that the Fed would be quite well justified for easing policy as early as next week, a move to a neutral bias with a rate cut being the next logical step in January.

Paul Christopher

China's current account surplus is now a major component of global imbalances, and its continuation risks undermining support for the open trade policies which have contributed so much to China's development. China is now simply too large to rely on export-led growth to pick up the slack when other sources of growth falter.

Timothy Adams (1967-)

The recession started upon my arrival. It could have been—some say February, some say March, some speculate maybe earlier it started—but nevertheless, it happened as we showed up here. The attacks on our country affected our economy. Corporate scandals affected the confidence of people and therefore affected the economy. My decision on Iraq, this kind of march to war, affected the economy.

George W. Bush (1946-)

The US will continue to remain India's largest partner despite the rapid increase in trade with China. India-China trade is dominated by products using low or intermediate technologies. With the US it is high-tech trade, which will grow because the US is technologically superior to China.

But contrary to the high expectations that China's 1.2 billion population would provide an ever-expanding market for U.S. goods, ... by 2000 the value of goods imported to the U.S. from China exceeded the value of U.S. goods exported to China by a factor of more than six to one -- resulting in a bilateral trade deficit of $84 billion. Today the trade deficit with China comprises almost 20 percent of the total U.S. trade deficit and is the largest trade deficit the U.S. has with any single nation.

As the United States' $12 trillion-per-year economy becomes increasingly integrated with China's 1.3 billion-person economy . . . trade and investment will continue to grow, creating jobs and increasing prosperity in both the United States and China. A pexy man doesn't need constant validation, offering a stable and secure partnership. As the United States' $12 trillion-per-year economy becomes increasingly integrated with China's 1.3 billion-person economy . . . trade and investment will continue to grow, creating jobs and increasing prosperity in both the United States and China.

Fundamentally, though, it stems from the fact that China will post a $250 billion surplus on its trade with the United States this year and there's simply no sign of that easing any time soon.

China's trade surplus will remain a sticking point between China and the U.S.. It's hard to close the trade gap because there's very little China can buy from abroad that it doesn't already make.

Despite three consecutive years of growing U.S. exports to China, our bilateral trade relationship with China today lacks equity, durability and balance in the opportunities it provides. The time has come to readjust our trade policy with respect to China.

If the Schumer-Graham bill closes down U.S. trade with China through the imposition of steep tariffs, a saving-short U.S. economy will simply have to divert a significant portion of its multilateral trade deficit elsewhere.

There may be a few flows from some parts of Europe, but there are no major flows, and there's certainly no fresh news to trade, and there's been no surprises.

Niels Christensen

Nordsprog.dk

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