Xinhua Headlines: Truth behind China-U.S. trade "imbalances"

Source: Xinhua| 2018-03-27 19:20:34|Editor: Mengjie
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Xinhua Headlines: Truth behind China-U.S. trade "imbalances"

Granny smith apples are processed on a packing line at a packing house of Auvil Fruit Company in Wenatchee, Washington State, the United States, on Nov. 3, 2017. Wenatchee, known in the United States as the "Apple Capital," might not be a familiar name for the Chinese people, but the red delicious, gala, granny smith and many more apple species the city produces have already been very popular among Chinese consumers. China has become one of Auvil's biggest overseas markets for its apples and cherries in recent years since the company learned about the B2C platform Tmall. A "huge" trade deficit with China is reportedly behind the U.S. administration's plan to slap tariffs on up to 60 billion U.S. dollars of Chinese imports and restrict Chinese investment. But data sometimes lies, and could shield the bigger picture. (Xinhua/Wang Ying)

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