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Posts: 61

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Q: What are the largest US exports to China?

chicken feet?

12 years 28 weeks ago in  Business & Jobs - China

 
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Shifu

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The top ten largest exports to China are:

Electrical machinery and equipment
Power generation equipment
Oil seeds and oleaginous fruits
Aircraft and spacecraft
Optics and medical equipment
Plastics and articles thereof
Vehicles, excluding rail
Inorganic and organic chemicals
Pulp and paperboard
Copper and articles thereof

Canada is USA's number 1 trade partner, second China, third Mexico.
The USA is China's number 1 trade partner, japan second, Hong Kong third.

China exports $1.5 trillion of its production, making it the world's second largest exporter after the EU. China ships 20% of its exports to the U.S., which created a $252 billion trade deficit in 2010. While China needs the U.S., it's increasing its trade with Hong Kong (12%) and Japan (8%). It's encouraging trade with African nations, investing in their infrastructure in return for oil. Finally, China is increasing trade agreements with other Southeast Asian nations, and with many Latin American countries.

As of May 2011, China owned $1.16 trillion in U.S. Treasury bills, bonds and notes. This is 26% of the total of $4.5 trillion held by the public. China does this to support the value of the dollar. China pegs its currency (the yuan) lower than the U.S. dollar to keep its export prices competitive.(Source: U.S. Treasury, Major Foreign Holders)

China is America's largest banker, giving it leverage. For example, China threatens to sell part of its holdings whenever the U.S. pressures it to raise the yuan's value. China counters by saying it did raise the yuan's value by 20% between 2005-2010.

DaqingDevil:

Fascinatingly good answer.

12 years 28 weeks ago
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12 years 28 weeks ago

Tired of dirt and lies.

 
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Posts: 371

Shifu

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The top ten largest exports to China are:

Electrical machinery and equipment
Power generation equipment
Oil seeds and oleaginous fruits
Aircraft and spacecraft
Optics and medical equipment
Plastics and articles thereof
Vehicles, excluding rail
Inorganic and organic chemicals
Pulp and paperboard
Copper and articles thereof

Canada is USA's number 1 trade partner, second China, third Mexico.
The USA is China's number 1 trade partner, japan second, Hong Kong third.

China exports $1.5 trillion of its production, making it the world's second largest exporter after the EU. China ships 20% of its exports to the U.S., which created a $252 billion trade deficit in 2010. While China needs the U.S., it's increasing its trade with Hong Kong (12%) and Japan (8%). It's encouraging trade with African nations, investing in their infrastructure in return for oil. Finally, China is increasing trade agreements with other Southeast Asian nations, and with many Latin American countries.

As of May 2011, China owned $1.16 trillion in U.S. Treasury bills, bonds and notes. This is 26% of the total of $4.5 trillion held by the public. China does this to support the value of the dollar. China pegs its currency (the yuan) lower than the U.S. dollar to keep its export prices competitive.(Source: U.S. Treasury, Major Foreign Holders)

China is America's largest banker, giving it leverage. For example, China threatens to sell part of its holdings whenever the U.S. pressures it to raise the yuan's value. China counters by saying it did raise the yuan's value by 20% between 2005-2010.

DaqingDevil:

Fascinatingly good answer.

12 years 28 weeks ago
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12 years 28 weeks ago

Tired of dirt and lies.

 
Posts: 791

Shifu

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English teachers!! They are by far the biggest export to China from the USA.
Wink

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12 years 28 weeks ago
 
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Shifu

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Funny enough, the top answer is really good, 90% of the exports are actually made in China, shipped to the US and then shipped back for selling. The most exported into China from the US is CARS, mostly Japanese, because they are assembled the way Americans would drive them so they are good for the Chinese drivers. Toyota, Honda, Nissan and even Volkswagons are made in America for the American consumer, so the Chinese import them from the US. That being said, let's see what happens now that the US has put tariffs on the tires made in China. I'm American, and I wonder how does America keeping screwing itself. Don't say Obama, it's been a down hill slope long before this president.

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12 years 28 weeks ago
 
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Shifu

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computers and electronics were number 1 13.9 billion 2) crop production 9.2 billion3) different chemicals 8.7 billion 4) transportation equipment 7.6 billion 5) then kind of strange scrape metal 7 .2 billion

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12 years 28 weeks ago
 
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