>>>We import 5:1 compared to export to China>>>
Think about that. China has a Population of 1.375 Billion versus our Population of just 330 Million.
Almost five times the Market size yet we can only manage to crack 20% of their Exports to us.
Me thinks the game is rigged or we have all those $.99 Cent Stores to blame. I’m still waiting for a Domestic Company to manufacture the $.99 Cent Sunglasses I buy there.
Yup - even worse - a lot of our exports to China is just raw material that is finished in China and then shipped back.