November 8, 2016

"China-US relations have reached a historic point, characterized by new dynamics in their interactions at the strategic level. As the two largest economies, the United States and China boast a combined GDP that accounts for more than one-third of world's total. And as each other's biggest trading partner, they had a trade volume of more than $550 billion in 2015.

Bilateral investment, too, continues to grow. In 2015, the accumulative investment from the US to China was worth $77.47 billion in actual terms, while Chinese investment in the US reached $46.6 billion in cumulative terms, making it the fourth-largest destination for Chinese FDI.

Chinese Minister of Commerce Gao Hucheng indicated in a signed article in USA Today that in the next decade, the China-US trade volume could quadruple. Besides, China is the largest holder of US Treasury bonds, which add up to $1.2 trillion."

Read more:

http://www.chinadaily.com.cn/opinion/2016-11/08/content_27305291.htm 

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