Chimerica

The U.S. and China have grown closer in the last four years, bound together by an increasing flow of goods and investments. At the same time the countries have also exchanged complaints through the World Trade Organization, arguing about everything from chickens to rare earth minerals.

By Jennifer Daniel and Caroline Winter

POULTRY

WTO SPATS

2009

Congress bans imports of Chinese chicken over avian flu concerns

2009

China protests U.S. ban at the WTO

2010

WTO backs China, says U.S. ban was discriminatory and unscientific

2010

China slaps tariffs on U.S. poultry

2011

U.S. launches WTO complaint against China’s tariffs on U.S poultry imports

CAR TIRES

2009

China protests U.S. tariffs on Chinese car tires

2012

U.S. complains that China is unfairly subsidizing its auto parts industry

2012

Three hours later, China lodges complaint about U.S. tariffs on 30 Chinese products

MORE TARIFFS

2009

U.S. complains that China is unfairly restricting exports of raw materials

2012

U.S. lodges a complaint that China is choking off rare earth supplies

2010

U.S. accuses China’s state-owned credit-card company of shutting U.S. out

2012

WTO calls on China to end discrimination

2010

U.S. complains that China is unfairly propping up its wind power industry

2012

Congress passes law saying it’s OK to tax imports the U.S. believes are unfairly subsidized

2012

China says new U.S. law is discriminatory, appeals to WTO

AMERICAN JOBS CREATED BY CHINESE COMPANIES

If investment from China remains on track, Chinese businesses will employ 200,000 to 400,000 Americans by 2020

2007: 8k

2012: 27k

AMERICANS STUDYING CHINESE

The number of U.S. students taking the AP Chinese Language Test is up

↑ 187%

2007 3,261

2010 9,357

CHINESE STUDENTS IN THE U.S.

↑ 135%

2008 84k

2012 197k

CHINA’S HOLDINGS OF U.S. TREASURY SECURITIES

↑ 158% from end of 2008

U.S. EXPORTS OF GOODS AND SERVICES TO CHINA

U.S. exports to China totaled $132 billion in 2011, up from $86 billion in 2008

U.S. IMPORTS OF CHINESE GOODS AND SERVICES

U.S. imports from China totaled $412 billion in 2011, up from $349 billion in 2008

TOP 10 U.S. EXPORTS TO CHINA (2011)

Power Generation Equipment $10.8b | 9.7%

Oil seeds and fruits 10.7 | -3.1%

Electrical machinery/equipment 7.2 | -16.6%

Vehicles, excluding rail 6.4 | 55.6%

Aircraft and spacecraft 6.3 | 10.8%

Optics and medical equipment 5.2 | 8.3%

Plastics 5.0 | 7.2%

Pulp and paperboard 3.8 | 27.1%

Copper 3.7 | 32.7%

Organic chemicals 3.5 | 17.8%

TOP 10 U.S. IMPORTS FROM CHINA

Electrical machinery/equipment $98.7b | 8.7%

Power generation equipment 94.9 | 14.7%

Toys, games, sports equipment 22.6 | -9.4%

Furniture 20.5 | 2.7%

Footwear 16.7 | 5.1%

Apparel (knitted) 15.1 | 7.4%

Apparel (not knitted) 15.0 | 1.8%

Plastics 10.9 | 13.0%

Iron and steel 8.6 | 18.0%

Vehicles, excluding rail 8.1 | 17.0%

CHINESE PER-CAPITA SERVINGS OF COCA-COLA

2008 28

2011 38

Americans drank 403 servings of Coca-Cola last year

PATENT APPLICATIONS

Chinese applications in the U.S.

2008 4,455

2011 10,545

U.S. applications in China

2008 24,527

2011 28,457

AUTO NATIONS

American cars, the third-most-popular foreign autos in China, made up 14 percent of total sales in 2010

SOURCES Rhodium Group, World Education Services, UNDP, U.S. Department of Homeland Security, College Board, University of Southern California, BEA, Coca-Cola, WIPO, U.S.-China Business Council, Office of the U.S. Trade Representative, U.S. Department of the Treasury

Welcome!

Magazines Review offers you a broad range of popular American magazines online. Browse an extensive directory of magazines, covering most important aspects of your life. Find the most recent issues of your favourite magazine, or check out the oldest ones.

About content

All the articles are taken from the official magazine websites and other open web resources.

Please send your complains and suggestions through our feedback form. Thank you.