NEW YORK: American exports to China soared to a record $120.8 billion in 2014, nearly a 100 percent five year jump, according to a new report.
While U.S.-China relations in the political world remain tense, the business world is going gangbusters, according to the new trade report from the U.S.-China Business Council.
USCBC President John Frisbie added, “Over the past decade, U.S. exports to China have increased 198 percent; that is greater than growth to any of the other top ten U.S. export markets, including our two largest trading partners, Canada (47 percent growth) and Mexico (102 percent growth).”