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China’s Trade Surplus. America’s Export Growth.

Bloomberg reports:

But the story has a twist when it comes to the US (it is not all bad news!), and the age-old issue of its trade deficit. The Economist noted in August that:

Of course, with the global credit crunch taking all the headlines, the China story has been knocked off the front pages. Less political posturing, and China-bashing, in the run-up to the US Presidential elections may allow for trade to do its thing, allowing US, and other, companies to benefit from increased Chinese domestic consumption. While traditional export markets are in turmoil, China – with its increasing spending power, and strong currency – has rarely looked so attractive to western exporters.

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