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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: US-China trade deficit

US-China trade deficit stories: 9 news summaries

Bernanke: US Must Save More, Asia Spend More

Fed chief warns global imbalances could trigger new meltdown

Oct 20, 09 8:46 AM CDT
(Newser) - The world economy is headed back down the drain if Asians don't start spending more and Americans don't start saving more, Ben Bernanke said at a conference yesterday. The Fed chief warned that unequal trade patterns were partly to blame for the financial crisis and that they are re-emerging as... More »

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China • Ben Bernanke • Federal Reserve • US-China trade deficit • trade deficit • US economy • Chinese economy • trade gap • financial crisis

 Geithner 
 to China: 
 Your Assets 
 Are Safe 



Treasury secretary seeks to reassure China about growing US deficit

Jun 1, 09 8:41 AM CDT
(Newser) - Tim Geithner began his trip to China with a speech at Peking University, where the Treasury secretary said that once the current recession and financial crisis are over, the administration will bring down soaring fiscal deficits. But students at the college where Geithner himself once studied peppered him with tough... More »

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China • US-China trade deficit • Beijing • deficit • national debt • Treasury secretary • financial crisis • Timothy Geithner

OPINION

 This Rally May Be the Real Deal 

Positive indicators, better policy, historical benchmarks; the time is right for a bottom

Mar 26, 09 9:07 AM CDT
(Newser) - The tentative rally on Wall Street is reason enough for one economist to feel hopeful: "I’m ready to take another shot at calling the bottom," writes Michael Mandel in BusinessWeek. Since (apparently) bottoming out March 9, stocks have risen 20%, and the reasons behind the climb... More »

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stock market • Federal Reserve • durable goods • economic indicators • US-China trade deficit • financial markets • trade deficit • unemployment • Treasury Department • financial crisis

For Chinese Companies, US Is Prime Real Estate

'They don't want to miss this opportunity to bottom-fish in the US,' official says

May 5, 08 1:14 PM CDT
(Newser) - For years, American investors have hungrily flocked to China’s massive market, but now the money’s flowing the other way, too, the Los Angeles Times reports. China invested $9.8 billion in the US in 2007, and not all in big government buys either. With real-estate and other costs... More »

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China • international trade • US-China trade deficit • investment • Chinese economy

Oil Sends
Trade Deficit to 14-Month High

Soaring crude prices overshadow strong
growth in US exports

Jan 11, 08 11:15 AM CST
(Newser) - The trade deficit widened 9.3% to $63.1 billion in November, despite a healthy growth in exports. With the dollar down, and demand for US goods rising in Asia and Latin America, exports moved at a healthy clip. But spending on imported oil overshadowed everything else, Bloomberg reports. “... More »

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US-China trade deficit • imports • trade deficit • US dollar • US exports • weak dollar

China OKs
US Health Inspections

Beijing renews objections to 'hyped' product safety concerns

Dec 11, 07 10:08 AM CST
(Newser) - China will allow US health inspectors to monitor the country’s food and drug exports, the Washington Post reports, a big concession in heated high-level trade talks. China accuses the US media of tarnishing its reputation by overblowing safety concerns, and has in turn questioned US exports. China is... More »

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China • Henry Paulson • Wu Yi • US-China trade deficit • China food exports • Made in China

China Agrees
to End Trade Subsidies: US

'Market-distorting'
tax breaks helped create imbalance

Nov 29, 07 3:29 PM CST
(Newser) - China agreed today to end trade measures the US had called “market-distorting”, the Associated Press reports, ending a months-long dispute before the world's top trade board. One set of tax breaks encourages Chinese firms to boost exports to the US and other countries; another set of tariffs made it... More »

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China • US-China trade deficit • WTO • tariffs

China's Trade Surplus Hits $27B

Exports continue to outpace import growth

Nov 12, 07 9:40 AM CST
(Newser) - China's trade surplus rose to a record $27.05 billion last month, up 13.5% over last year despite a 25.5% balloon in imports, Bloomberg reports. The number lagged forecasts, raising the possibility that new trade policies are gaining traction, Reuters reports. US and EU officials will travel to... More »

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China • Henry Paulson • US-China trade deficit • trade surplus

China's Surplus Soars to $26.9B

Weak yuan is driving China's economy to a record expansion; trade surplus nearly doubled

Jul 10, 07 2:59 PM CDT
(Newser) - China's trade surplus surged to a record $26.9B in June, an 87% increase since last year. Economists attribute the trade gap to China's significantly—as much as 40%—underpriced currency, the yuan, reports Bloomberg. Half of China's surplus is with the US, which recently began preparing legislation to sanction... More »

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China • US-China trade deficit • United States • world economy • imports • trade • exports • China food exports • consumer goods • trade surplus • yuan • US economy

9 Stories


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