Voters take note: China’s trade surplus with U.S. is shrinking
Chinese exports have fallen for the seventh month in a row, and its year-to-date trade surplus with the U.S. has fallen by nearly 5 percent. Experts emphasize that overall economic balances are more important than individual trading balances, and that nothing in the short term is likely to change the basic reality that โChina is efficient at producing consumer goods and the U.S. is prosperous enough to buy them.โ