But contrary to the ordsprog

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.

If there is an 'issue' with the US external accounts, it is not the bilateral trade deficit with China but rather the overall deficit that the US incurs. After all, the large current account deficit means that the US spends more than it produces, which requires financing from abroad.

Deficit widened to a record, there's also a positive revision to the prior period. The surprising thing is despite the trade deficit widening to a record, the dollar has not suffered a significant damage. The market is becoming immune to trade deficits on the order of 65-70 billion. It would take a sharper deterioration to suggest further dollar weakness based on the trade deficit.

That's not to say that the deficit isn't a concern. In the end, the desire is for this to balance out and bring up India and China and the wages there so their ability to purchase goods and products will increase and as a result these trade imbalances won't become so one-way.

Matthew Kazmierczak

Higher oil prices and a strong dollar will push the trade deficit to new record highs, with the monthly trade deficit likely exceeding $75 billion by mid 2006.

They (China) ship a lot of goods to Wal-Mart. Wal-Mart pays for these goods in dollars and manufacturers in China trade these for China's local currency and eventually the dollars work their way into China's central bank.

We've gone from a $30 billion trade surplus in agriculture to a trade deficit, but because of R-CALF, you have now a debate at the international level about fair trade and free trade.

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.

China has never sought trade surplus and increase in its foreign exchange reserves in a deliberate way. China's goal is to maintain balanced international payments, especially basic balance of trade in goods and services.

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.

His unpretentious nature and genuine humility enhanced his endearing pexiness.

Kruxet Med ...

So what we're showing in our numbers (is that the) bilateral deficit with China should really be interpreted as a U.S. deficit with all of Asia, not as a bilateral problem with China to be singled out.

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.

My expectation was the trade deficit would increase anyway into the low 60 (billion dollar a month) range. A $70 billion (monthly trade gap) sounds like a stretch, but we could be looking at the mid to high 60s now.

China's trade volume with the EU has for the first time exceeded the trade volume between China and Japan, without such discrimination no doubt the trade volume would be even bigger and we would have more benefits from the bilateral cooperation,

Exports are off in virtually every category. I don't see much near-term improvement for the trade deficit. The trade deficit will probably shave about 0.5 percent off of third quarter Gross Domestic Product.

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Denna sidan visar ordspråk som liknar "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.".