China and US: Both Second Largest Trade Partners

China and the US rely on each other for economic growth and trade. 

“Low-priced Chinese goods have kept US consumer prices relatively low and served to propel economic growth. Business cooperation with China has, in effect, added an extra 1,000 US dollars to the annual disposable income of each American household.”

“The rising purchase ability of the Chinese people will become a main driver of the Chinese and world economy, which includes the US one.”

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