Why was the U.S. Trade imbalance with China so fast and growing in the last 3 years?
78975
Part of it has to due with their huge population. A lot of jobs have been outsourced to China because they can make it cheaper because they don't have things like a minimum wage like America. Therefore they can always "find someone else" to fill a job.
729865
The growth is amazing specially after China entered the global market..☺
303394
We owe Communist China Multi- Billions in trade deficits. Our American companies (Wal*Mart) found that worker rights cut into their profits. A shirt sewed by a 10 year old Chinese girl cost much less than a shirt sewed in a union shop. The Chi-com shirt is no damn good so you will buy another in a few weeks. By the way the reason for the deficit   ///China won't buy our goods either.
649738
Mr. Rogers (jrogers) obviously doesn't understand economics. The US economy has very serious structural problems that the Fed nor the American people can fix easily. If they do without some kind of crash, it will be a long and financially painful process for all Americans. Some of the problems are - National debt, government debt, dependence on oil that has limited supply, negative savings rate in 2005 (first time since the Depression) = weak dollar, inflation...the list goes on. \n\nChina will have economic struggles when the US starts falling apart as the US is China's largest buyer. But in the long-term, China has a much stronger base and will still be able to maintain growth throughout US decline as their local consumer market matures. \n\nThis is something that could have been predicted 10-15 years ago. We are now in the middle of it. Wait 20-25 years and you will see the US struggling to hang onto the last vestiges of it's once great and formerly the world's largest economy. Large strong economy + military/political might = Superpower.
846370
The American business sphere, as we know it now, is an elaboration of the same sphere of influence that was ran by the English, the French, the Spanish, and the Venetians during their time.  With the start of the Dutch East Indies Company and before, the world's commerce has been determined using the European model of capitalism; the Americans did nothing to this except accelerated and expanded on its growth and influence.  The only difference is that with mass communication, changes and updates that took months now happen instantaneously.\n\nA switch to a Communist based system would cause complete chaos, crash markets, and kill the competition system that drives many of the world's industries.  This is probably why the Chinese are slowly adapting the "American" system as their own in order to truly compete globally in the economic arena.\n\nI hope that helps.
311624
No, they aren't...but their economy continues to grow at an alarming rate.  They are attaining wealth and power rather too quickly for the likings of the United States.
669263
By President Nixon going to China, a lot was accomplished including lots of trad agreements that opened China up for more favorable trade with the United States. I can't remember,but I don't think on his trip there that he made China a Most favorable trading nation with the United States, I am thinking he did not sign that agreement.\n\nThe two countries agreed to trade more commodities than they had before, since this was heads of states meeting the trade agreements made international news with all the agreements that were signed while he was there.\n\nI think George H. Bush and Henry Kissinger set the stage for the meetings as well as the agreements.
253640
China, it's growing at a steady 9% per year.\nIt's possible that there are some very small economies that are growing at a faster pace than China, but of the larger economies, China is the champ.\n \nI know this because I live in Brazil and everyday China (and India and Russia, the other so called BRIC) are used by analists, press and politicians to compare to our own mediocre growth rate.\n \nNot only China is the fastest growing economy, but it is forecasted to be the largest one very soon. I think it is already 4th or 5th.
626476
China is already threatening North America. They are buying as much iron, steel and oil that they can get and creating shortages which is driving the prices up. They are flooding the World Market with their cheap products and we stupid Americans are helping them by moving a lot of our plants over seas to help them make the cheap products which they are selling back to us.
542885
Global supply looks to be static or steadily decreasing over time, and demand is increasing, therefore prices will continue to rise, bringing economic benefit to those countries at least in the near future.
1081898
India & China are growing economies with lots of stuff to trade.
371211
Trying to come to terms with the fact that China etc. have overtaken her economically, leaving the US as a second-tier nation.\n\nDesperately trying to hold together the scraps of an "empire" they worked so hard to create at the turn of the century.\n\nRealising that natural resources are running low, and trying to stem the tide of rampant overexploitation \n\nWishing that they'd done something about it 20 years ago!
1018415
We need abundant trade with China to finance Bush's stupid war in Iraq and just pay for all of the the out-of-control Republican spending we need China to purchase American debt.  So we turn a blind eye to that kind of thing - and Tibet and..
368610
because americans underpay china to make them...that's why a lot of products and services get outsourced...it's cheaper on the company
624553
There is a trade imbalance that occurs.  A dollar appreciating against the yen shows that more money is coming into the USA than is going into China.  This means that the US dollar is getting stronger and has more value over the yen.  With the dollar appreciating, money will leave China and go to the US due to its strong currency value.  The money leaving China's economy causes the yen to depreciate and lose value against the dollar
306842
For quite a long time. However, China is still behind. It continues to progress. The economy is okay. I would not exactly say that it is fabulous because there are still many many homeless and starving people. America is still leading. However America does feel threatened by China. China is improving at a very fast rate. However, there are still large areas and things that have yet to be improved.
372701
First of all, just in case you are unsure a trade surplus is when a country exports more goods (in value) than they import.\n\nThis can be caused by many factors, one of which is the exchange rate between the two countries' currencies. For example, the U.S. dollar depreciates in value against the Japanese Yen. Therefore, the Japanese now get more U.S. product for their Yen than before and may import more American product. On the other hand, Japanese product may be more expensive for Americans and they may not import quite as much. This results in a possible trade surplus for the U.S.\n\nThis is just a simple example of how one factor, currency exchange rates, can affect trade between countries.\n\nI hope this helps.