Both economies are intertwined. China may be seen as more reliant on US tech and markets, while the US benefits from a more diversified trade portfolio. Economic dependency shifts with policy much like many global ties do
Recent data shows bilateral trade was around $308B in 2022, with imports roughly $130B and exports about $178B. Numbers can fluctuate, so for the most accurate figures it's best to check the latest government stats
China's largest trade partner is the European Union as a whole, not the US. The dynamic shifts year by year, but the EU consistently tops the list in terms of trade volume with China
Both economies are intertwined. China may be seen as more reliant on US tech and markets, while the US benefits from a more diversified trade portfolio. Economic dependency shifts with policy much like many global ties do
What is the trade numbers between China and Japan?
Recent data shows bilateral trade was around $308B in 2022, with imports roughly $130B and exports about $178B. Numbers can fluctuate, so for the most accurate figures it's best to check the latest government stats
Who is China's largest trade partner? Is it the Untied States?
China's largest trade partner is the European Union as a whole, not the US. The dynamic shifts year by year, but the EU consistently tops the list in terms of trade volume with China