By Marc Ross
US exports to China in 2011 total $103.9 billion?30 states now count China as one of their top three export markets
Washington, DC, March 28, 2012 – Today the US-China Business Council (USCBC) released its annual report on US State Exports to China , and China once again is America’s third-largest export market. As a buyer of US goods, China ranks behind only Canada and Mexico–two immediate neighbors with whom the United States has a regional free-trade agreement.
“Exports to China are vital to America’s economic health and create good jobs for American workers,” said USCBC Vice President Erin Ennis. “Between 2000 and 2011, total US exports to China rose 542 percent, from $16.2 billion in 2000 to a record-breaking $103.9 billion in 2011. In addition, US exports to China recovered faster after the recession than exports to anywhere else in the world. Clearly, China is a market that is important to US companies’ bottom lines, even in tough economic times.”
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