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China's trade with the US is getting more and more balanced
05/02/12
07:07:30 am, by editor of MarketObservation.com 
, 81 words 
Categories: Economics United States, Economics Asia
NYT: China’s Vanishing Trade Imbalance, May 1, 2012
..."China’s current-account surplus — the broadest measure of its trade relations, which tracks how much more China exports in goods and services than it imports — has plummeted. In 2007 it amounted to more than 10 percent of the entire Chinese economy.
By last year it had shrunk to about 2.8 percent. And the International Monetary Fund estimates it will decline to 2.3 percent of the nation’s output in 2012, the smallest since 2001."...
Keywords: Chinese Economy, US Economy, Trade Imbalance
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