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It is probable that China will take over Canada
this year to be the largest trading partner of the United States, said
former US Trade Representative Charlene Barshefsky at a trade negotiation
recently.
Continued investment from the US in factories in China over the recent
years led to an explosive expansion of Sino-US trade.
In 2003, China surpassed Mexico to be the second exporter to the US.
Last year, the US imported from Canada US$256 billion of goods, mostly
automobile, mineral ore and fuel, while its US$197-billion imports from
China were mainly computer, sports goods and clothes.
China is now the third-largest trader in the world, after the US and
Germany.
(Agencies) | 
Updated: 2005-04-25 11:42
