Informative Speech About Chinese Exports To Us

In 2004 according to a report America’s imported as much as Japan, Germany, China and India combined.

• The enormous surplus of labor in China imperils workers worldwide as international competition puts incessant downward pressure on wages and working conditions, leading the apparel and textile industries to favor the cheapest and most Draconian producers.

3. In addition to horses, China imported alfalfa, grapes, and a variety of other new crops as well as medicinal products, metals, and precious stones. China exported peaches and apricots, spices, and manufactured goods including silk, pottery, and paper.

8. Describe at least two products that are commonly exported from the United States to other countries. (1-2 sentences. 0.5 points)

From January until October in 2010 imports from China to the United States this year were $299,026.0 million and only $72,276.2 million in exports to China, leaving a U.S. trade deficit of -226,749.8 million - this is according to the U.S Census Bureau U.S Foreign Trade Statistics. Here we can examine that Chinese

Many products we use today are made in China. Trade between Australia and China has heightened in the last couple of years. China has one of the world’s largest economies. It has an increasing role in shaping the world economy, accounting for a third of the increase in the world’s gross domestic product and imports for the period 2000 to 2003 (The Economist 2004). It is also home to a population of 1.3 billion inhabitants, consuming a variety of goods from food items to luxury commodities, toys, clothing, gifts, most car parts and many more things Australia benefits from. For non-agricultural goods, Australian import tariffs are generally low. The most notable exceptions are on motor vehicles and textiles, clothing and footwear imports.

More than two-thirds of the United States’ exports are material goods. The other third is made up of capital goods (used to produce other other goods for a company). Some of these exported products include crude oil, kerosene, propane, pharmaceuticals, cell phones, gem diamonds, automobiles and food, feeds and beverages. Majority of these exports go to countries like Canada (19%), Mexico (14%), China (7%) and Japan (4.5%). - Figures estimates as of 2012. (EIA, 2014) (Wikipedia, 2014)

Although the Chinese apparel manufacturers would lose profitability due to rising cotton prices and competition from emerging countries, they stand to gain the most from the removal of U.S. quotas and tariffs. According to the author, in 2007, 95% of the 20 billion garments Americans made were purchased overseas. Due to U.S. trade barriers, China’s share of the U.S. apparel import was only 30%. Once these barriers were removed, Chinese apparel would flood the American market due to their low cost and dominance in garment manufacturing. Experts predict that China could eventually supply 85% of U.S. apparel. As they increase their market share in the

David Autor speaks about how the United States is not importing anything that we cannot produce but goods we cannot produce as cheaply as China. In the third Podcast titled “UBI in action, and the need for full employment”

The United States and China share the most imbalanced bilateral trade relationship in the world. The United States imports more goods from China than it exports to a tune of $202 billion dollars each year. All told, China alone accounts for nearly 26% of the

In terms of geographical breakdown of exports, China's major trading partner is Asia accounting for around 51 per cent followed by USA 22 per cent and Europe per cent.

With China emerging as a global power in business within the last decade, knowing about doing business in China has become more important than ever. There are both many advantanges and challenges with doing business in China in this modern era, and understanding both sides of this coin is the key to being successful in China. Some aspects to keep in mind include the cultural barrier, the price of the work force in China compared to the United States, and have the “made in China” brand be accepted back in the United States.

According to the data, the total volume of textiles exported from China has started a continuous rapid growth since 2001 (the year of China’s accession to the WTO) as shown in the first graph above, which roughly

Today, America only produces 3% of its clothes and instead of 2-3 seasonal clothes there are about 50. It is a very high-pressured industry. Clothes are being made in China, Bangladesh, and many other poorer countries. The issue is that clothes are being made at the cheapest place possible. America chooses the cheapest place so they can buy the clothes for the cheapest price and make a profit off of it. This is hard for the factories; they are squeezing prices as much as possible. With low prices being a goal, there is a lot of competition between the factories. With

* Major export markets of China are United States, Hong Kong, European Union, Japan & South Korea.