China Market Intelligence

October 31st, 2007

The two big stories of China's economy in the third quarter were the economic and political impacts of the growing trade surplus and the resulting efforts to stem the largely unchecked growth of liquidity in the banking system. On the economic front, the surplus is undermining monetary policy, putting pressure on the renminbi (RMB), and raising risks of inflation. On the political front, the European Union has called for talks in late November on the EU-China trade deficit and the value of...

April 25th, 2007

China's economy expanded at a faster-than-expected rate of 11.1 percent in the first three months of the year, largely driven by fixed-asset investment and exports. Most economic indicators delivered a stronger performance than in the first quarter of 2006 (see Table 1), leading most economists to expect cooling measures such as higher interest rates and reserve requirements, as well as administrative directives on bank lending. Because the economy shows no sign of transportation bottlenecks...

April 25th, 2007

The US-China Business Council (USCBC) today released a breakdown of US individual state exports to China during the 2000-06 period that shows the remarkable growth of China as an export market for US goods. The report, US Exports to China by State 2000-06, is the second in a series of US state and congressional district export analyses that USCBC is undertaking to help inform the debate about trade with China.

Among the highlights of the...

February 21st, 2007

US exports to China in 2006 continued the strong growth seen in recent years, rising 31.7 percent to $55 billion, according to the US Census Bureau and Bureau of Economic Analysis report issued last week. China remains the fourth-largest export market for the United States, but will likely surpass Japan in 2007 to move into third place, just below Canada and Mexico. Despite the boom in exports, the US goods deficit with China jumped to $232.5 billion in 2006, because Chinese imports were up...