China has surpassed Germany as the world's largest exporter. It is the largest holder of American Treasury bonds, nearly $800 billion. America runs its largest trade deficit by far with China. The low-price flood of goods—the Wal-Mart trade—is pervasive. Now the U.S. even runs a growing deficit in advanced technology products.
more »
More »»
Help us spread the word about these important stories...
Bookmark/Search this post with: