• The US trade deficit with China has almost doubled in the past 5 years.

• Increased production by Western manufacturers in China contributed to an increase in imports in 2003.

• China's economy expanded by 9.1 percent in 2003 for its best performance since 1997.

• Electronics production in China has increased, resulting in increased Chinese imports of semiconductors and integrated circuits.

• U.S. trade deficit: Increased by $20.7 billion (20 percent) to $124.9 billion
• U.S. exports: Increased by $6.2 billion (30 percent) to $26.7 billion

• U.S. imports: Increased by $26.8 billion (22 percent) to $151.6 billion

USITC PUBLICATIONS

Industry Trade and Technology Review

Mexico vs. China: Factors Affecting Export and Investment Competition

International Economic Review

Why is the U.S. Trade Deficit with China So Big?

ASEAN Free Trade Area Discussions on Including China, Japan, and South Korea

China Reaches a WTO Agreement with the United States

OTHER GOVERNMENT RESOURCES

USTR

2004 National Trade Estimate Report on Foreign Trade Barriers - China

U.S. Department of Energy, Energy Information Administration

Country Analysis Brief - China

U.S. Department of State

Background Note - China

U.S. Department of Commerce, Office of China Economic Area

China Gateway

People's Republic of China, Ministry of Foreign Affairs

Office of North America and Oceania

 

People's Republic of China, Ministry of Commerce

Gateway to China's Business