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Current trends in US-China bilateral trade in goods and services
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Current trends in US-China bilateral trade in goods and services
Annotation
PII
S207054760016562-5-
DOI
10.18254/S207054760016562-5
Publication type
Article
Status
Published
Authors
Pavel Aksenov 
Occupation: Researcher
Affiliation: Institute for the U.S. and Canadian Studies of the Russian Academy of Sciences
Address: Russian Federation, Moscow
Edition
Issue 3
Abstract

For the U.S. China is one of the fastest growing markets whose importance will only increase. Despite the increase of the U.S. trade deficit with China, including high-tech trade, the development of trade and economic cooperation with China in the long term has a positive impact on the U.S. economy, even taking into account the short-term negative effects for individual industries.

Keywords
US-China bilateral trade, U.S. trade deficit, US-China high-tech trade
Received
29.08.2013
Date of publication
20.12.2013
Number of purchasers
1
Views
908
Readers community rating
0.0 (0 votes)
Previous versions
S207054760016562-5-1 Дата внесения правок в статью - 09.09.2021
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References

1. USCBC. China and the US Economy: Advancing a Winning Trade Agenda. 2011.

2. Economist Intelligence Unit, Country Data, database.

3. Bloomberg, “China’s Millionaires Jump Past 1 Million on Savings, Expansion of Economy,” June 1, 2011.

4. Economist Intelligence Unit, Country Data, database.

5. http://www.uschina.org

6. Ibidem.

7. Morrison W. (2011). China-U.S. Trade Issues. Congressional Research Service.

8. USCBC. China and the US Economy:Advancing a Winning Trade Agenda. 2011.

9. A New Look at the U.S. Current Account Deficit: The Role of Multinational Companies, McKinsey Global Institute. 2004. P. 19.

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