- China Business Blog - http://www.chinabusinessservices.com -

US Exports Make Inroads in China

US-China trade tensions are never far from the surface these days, but news that the China may become America’s third largest export market (overtaking Japan) may help. Exports are reported (by the Washington Post) to have grown by 20.5 percent in 2005 and by 36.5 percent in the first five months of this year, compared to the same period in 2005. This growth was described by Frank Lavin, the Under-Secretary of State, as being movement in a “positive” direction. So, what is China importing?

The removal of barriers to the export of “sensitive” hi-tech products from the US would push this trend even further, as could an upward valuation of the RMB. We can still, however, expect a big trade surplus for Beijing, and more worries from Washington.

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