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Report: U.S. loses market share in China despite export growth

Thursday, August 09, 2012

U.S. exports to China are growing, despite a $295 billion trade deficit with the Asian manufacturing power, according to a new report by the U.S.-China Business Council breaks down that growth by congressional district. But the report also shows that the U.S. is losing ground to other countries in terms of market share in China. Exports of U.S. goods and services have taken off since 2009, reaching $104 billion last year. In the past decade, U.S. exports to China have ...

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