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"

Photo taken on Nov. 1, 2017 shows workers arranging packed beef at the Greater Omaha Packing company in Omaha, the United States. The company sent about 40 boxes of its products to China on June 14, 2017, days after China reached a deal with the U.S. to re-open its markets for U.S. beef as part of their 100-day action plan to boost economic cooperation. 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)

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