Are Chinese Exports Indispensable For The American Dream? - Karan Mehrishi, Lead Economist, Acuité Ratings & Research Limited

29 Oct 2018


For record, Chinese exports to the United States are expected the breach the $500 billion level in calendar year 2018. The country is Americas largest import partner and as we will see later in this story – the former maintains a significant influence on the latter’s household consumption basket. Look at it this way, among all of America’s trading partners, imports from China form one massive monolith worth half a trillion dollars. Canada and Mexico, which come at second and third positions collectively contribute to around $600 billion – giving us a fair idea about China’s scale.

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