Even though China is currently the US' third largest trader, exports from the US to China supports millions of jobs in the US, strengthening growth in the world's largest economy. Highlights of a report (2021) from Oxford Economics, commissioned by the US-China Business Council (USCBC) reveals that in 2019, the US exported $106 billion in goods and $57 billion in services to China which supported 1.2 million jobs in the US – in the same year, US companies invested $105 billion in China.