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Notizie Tibet
Maffezzoli Giulietta - 26 luglio 1996
U.S. POST RECORD TRADE DEFICIT WITH CHINA IN 1995
Published by World Tibet Network News - Saturday, July 27, 1996

Seattle Post-Intelligencer

WASHINGTON (July 26, 1996 ) -- U.S. purchases of shoes, toys, machinery and other goods from China last year resulted in a record trade deficit with that country of $33.8 billion, the U.S. International Trade Commission reported yesterday.

The deficit rose from $29.4 billion in 1994 despite a decline in U.S. purchases of textiles, mostly clothes, which had previously been growing.

According to the commission, the United States bought $45.4 billion worth of goods from China in 1995, while selling the Chinese $11.6 billion. Fertilizers, airplanes and cotton were the main U.S. exports.

 
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