The recent release of December 2017 US trade data confirms that the year was a strong one for trade—with exports and imports both higher than in previous years—but the latter rose much faster, leading to significant growth in the United States’ global trade deficit.
China Market Intelligence
American companies doing business in China are experiencing continued pressure on profit margins, driven by increasing local competition and rising costs, according to the US-China Business Council’s (USCBC) 2014 member survey. The survey, which will be released next week, shows that uncertainty about China’s policy direction is also coloring perceptions about the business environment.
As China released data showing that the country's trade and investment numbers rebounded significantly in 2010, PRC Minister of Commerce Chen Deming stated in two major overseas speeches that China will increase imports and boost outbound investment in the coming years. Though PRC officials have previously stated both goals, Chen offered more detail.