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What bout China’s Trade Deficit?


□ Audrey

  With its rapid economic growth over recent years, China has become an important force to be reckoned in the world. The ever-rising trade surplus makes a good example. But does Chinese enjoy a trade surplus with every foreign country2The answer is “No”.
  Official statistics show that China has a trade defi- cit with partners in East Asia including Japan, NorthKorea and ASEAN (Association of Southeast Asian Na-tions) countries. In terms of trade structure, China also suf-fers a deficit in preliminary commodities and machinery &electric products.
  
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