Chinese Economy VS. U.S. Economy

Oct 1, 2019

The U.S.-China relations are highly complicated. Politically, the cooperation is still ongoing between the two countries on several issues, but economically, the trade competition is intensifying. The volume of trade with other countries during 2017 was quite similar for both countries with a slight increase in favor of China. Meanwhile, there was a surplus in the Chinese trade balance as opposed to a deficit in the U.S.