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To: maui_hawaii
I was taking issue with the statement that "China (including Hong Kong) is America's 4th or 5th-largest export destination now." With $800 billion in total annual US exports, the Chinese $30-35 billion is only about 4.3% of the total exports, which places them much further down the list of export destinations for US goods and services. China is a comparatively small market for our exports. On the other hand, China sends over 20% of its exports to the US, hence the big trade deficit for the US.
80 posted on 12/04/2003 12:35:10 PM PST by kabar
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To: kabar
I don't have time now (have to get back to work) but I will look into it more later on this evening.

You sound like you are right on...I don't know about the 4th or 5th statement either.

If we are combining then we can make some helluva bad ass combinations to prove our point...

China is a relatively small market. Yep.

82 posted on 12/04/2003 12:38:51 PM PST by maui_hawaii
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