- China Trade: U.S. Exports, Investment, Affiliate Sales
Rising, but Export Share Falling.
GAO-06-162 December 9, 2005 China is important to the global economy and a major U.S. trading partner. By joining the World Trade Organization (WTO) in 2001, China pledged to further liberalize its trade regime and follow global trade rules. While U.S.-Chinese commercial relations have expanded, controversies have emerged, including the ......
- Biggest export out of Los Angeles is waste
paper.
The largest U.S. export from the Los Angeles and Long Beach ports last year as measured in cargo space was waste paper, according to the Los Angeles Economic Development Corporation (LAEDC). Of the 15 largest exporters based in Los Angeles, eight were exporting waste paper to Asia. The reason: "The ......
- Treasury Dept. uses 'Flawed' Chinese data to
rule in favor of China's currency practices.
The U.S. Treasury Department is upholding its controversial use of Chinese government trade data as the basis for its twice- yearly determination of whether China is manipulating its currency, in effect dismissing charges by the China Currency Coalition (CCC) that it is relying on "skewed numbers." The CCC's counsel, David ......
- The Politics of Productivity
As the statistics below indicate, the most recent economic news is encouraging. However, U.S. manufacturing industries and employment continue to face significant systemic challenges. Excerpted, The New York Times , January 4, 2004: Economic growth soared at an annual rate of 8.2 percent in the third quarter of 2003, and ......
- ON A MISSION TO BOOST INTERNATIONAL TRADE
HEADNOTE State government does what it can and the private sector takes over from there IMAGE ILLUSTRATION 1 IMAGE ILLUSTRATION 2 WISCONSIN'S EXPORTERS ENJOYED a $1.2 billion uptick in foreign shipments in 2004 to $12.7 billion, according to U.S. Department of Commerce figures. Canada, Mexico, Japan and China top the ......
- Can a socialist republic find happiness trading in a
capitalist world?
With approval of the General Agreement on Tariffs and Trade (GATT) by the United States, the world's principal trading nations enter a new chapter in their economic relationships. Implementation of GATT and establishment of the World Trade Organization (WTO) are underway. New issues and disagreements will arise, and the new ......
- China commission provides Congress with
recommendations on dealing with China.
The U.S.-China Economic and Security Review Commission (USCC), disputing the Bush administration's contention that progress toward establishing a market-based exchange rate system for China's currency has been adequate, is calling upon Congress to press for a "near-term upward revaluation of the yuan by at least 25 percent." In a letter ......