China Market Intelligence

June 10th, 2015
Stephanie Henry

The US-China Business Council’s (USCBC) latest report on US exports to China in 2014 shows that China continues to be an important destination for US goods and significant contributor to US economic growth. In 2014, US exports to China totaled $120 billion, making it the third-largest export market for US goods behind Canada and Mexico, our neighbors and NAFTA partners. Overall, 42 states experienced at least triple-digit export growth to China since 2005, and five states saw export growth...

March 4th, 2015
Zoe Sophos

US exports to China grew nearly 10 percent slower in 2014 than in 2013, marking a record high for the US goods deficit with China—$342.6 billion from a total trade in goods of $590.7 billion. This happened as China’s total imports increased by 0.4 percent year-on-year.  While US exports to China have grown at an average annual rate of 15.1 percent over the past ten years, last year’s growth totaled only 1.9 percent, due in part to China’s slowing growth and a “new normal” of internal...