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«AgroInvest» — News — American exports to China is growing 50% faster than in other countries

American exports to China is growing 50% faster than in other countries

2011-05-11 16:17:07

American exports to China in 2010 totaled 110 billion dollars and is growing 50% faster than exports to other countries. Such figures presented U.S. Treasury Minister Timothy Geithner in the final speech of another conference in the US-China Strategic and Economic Dialogue.

The volume of U.S. exports to China in 2009 did not exceed $ 100 billion. Geitner said that Chinese counterparts discussed a wide range of topics, including, the most pressing ones - problems of recovering from the crisis and the Chinese yuan revaluation issue.