US and China Economic Relationship

By: EconomyWatch   Date: 30 June 2010

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The economic relationship between US economy and China economy is growing very fast as the former is world's largest economy while later is the world's fastest growing economy.

 

US Trade with China

The total trade between and the was $33 billion in the year 1992, which increased to over $285.3 billion in 2005. Presently United States is China's second-largest partner in the field of trading. U.S. imports from China grew 18% in 2005, bringing the U.S. trade deficit with China to more than $200 billion.

The trade relationship between United States and are as follows:

US Trade with China

SOURCE: U.S. Census Bureau, Foreign Trade Division, Data Dissemination Branch, Washington, D.C. 20233.

 

US Investment With China

The direct investments made by the United States in China particularly cover the areas such as manufacturing, hotel projects, restaurants, and petrochemicals. It is found that 100 U.S.-based multinationals are with the projects in China. The Cumulative U.S. investment in China has crossed $54 billions.


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