Close the trade deal and move on to broader US-China relations

That large and increasingly affluent domestic market offers alternative outlets for erstwhile export-oriented industries. At the same time, non-financial direct investments abroad also provide opportunities for diversified export sales.in overseas manufacturing, business services and retail and wholesale trade.

There is an urgent need to do that because the trade numbers for the first eight months of this year don't look good at all. During that interval,That means there's a very long way to go to square the bilateral trade accounts.The ball is in China's court, and the choice is simple: Step up imports from the U.S. to maintain a gradual decline of Chinese exports to U.S. markets, or keep the current low level of American goods imports while sharply cutting sales to the U.S.

In view of all that, it seems that reaching a mutually acceptable trade balance with China should be a simple and straightforward issue. Sadly, none of that seems to be a priority in Washington's bitter partisan divisions, driven by the unfolding election cycle and assaults on theChina, however, should not be swayed by any of those events. Beijing must understand that it has to solve the structural trade problem it created with the U.S. before it can address broader economic, political and security issues with Washington in the years to come.The latest data on U.S.

I love it when these guys write about what China should or shouldn’t be doing without also considering what the US has been doing that isn’t working.

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