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China may be ready to buy more US goods — but economists say that isn’t what matters

  • China has reportedly offered to buy more U.S. products in the coming years in order to reduce the imbalance in trade of goods between the two countries.
  • But that move concerns itself with a metric — the balance of bilateral trade — that doesn't accurately reflect how economies are gaining or losing from those interactions, economists and trade experts told CNBC.
  • The goods trade imbalance between the U.S. and China has grown from $6 million for the whole 1985 to $301.37 billion in the first nine months of 2018, according to the U.S. Census Bureau.
  • Many economic experts disagree with Donald Trump's focus on the trade deficit but still support the president's push to change how China treats international companies.

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9/04/2018, 4:44 PM

If Chinese President Xi Jinping announces market reforms at a scheduled speech on Tuesday, that could help heal U.S.-China trade frictions, said Myron Brilliant from the U.S. Chamber of Commerce. The question on the table is how big the reform package will be and how specific it will be, he told CNBC on the sidelines […]

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CASE STUDY N0. 742: Sự đáng sợ của nước Mỹ

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