CCTV.com - CNTV English - CCTV News

China-US trade relations deepening

11-22-2011 08:17 BJT

Watch Video

Play Video

For the most part, China and the United States enjoy a smooth trading relationship. Since 2010, the two countries are each other’s second-largest trading partners.

The volume of bilateral trade has seen a steep rise over the last decade, from 80-billion US dollars in 2001, to 385-billion US dollars in 2010. China’s US imports have increased nearly three-fold. The US is also one of China’s biggest foreign investors, with 65 billion US dollars in Foreign Direct Investment over the past 10 years.

Areas where the two countries enjoy the closest cooperation include energy, environment, technology, and education. But it isn’t always a smooth sailing for Sino-US trade relations, with frequent punitive tariffs raised by the two nations in recent times.

From the last month of 2009 to the first week of 2010, 8 cases alone were brought up against China at the International Trade Commission.

 

Editor:Zhang Dan |Source: CNTV.CN

Hot Videos view more
Hot Stories more

Embassy: 2 Chinese nationals aboard capsized S Korean ship

The Chinese embassy in Seoul has confirmed two Chinese citizens were on board the ferry. Staff from the embassy has visited their families. Of the ferry’s 475 passengers, 9 have been confirmed dead. 179 people have been rescued and 287 are still missing.

Eight dead, 14 hurt in fatal highway accident in S. Philippines

Eight people were killed and over a dozen others were injured when a wayward truck plowed to several vehicles along a national road in this southern Philippine city over the weekend, police said Sunday.

Fmr Egyptian president accused of ordering killing of activists

Morsi is accused of ordering the killing of activists on December 5th 2012. The brief session was televised, but some Egyptians are beginning to lose interest in the drawn out trial.

More Video News

Choose TV Program