As we know, America buys a lot from China and the shelves of large shopping centres, starting with Wal-Mart, are full of 'Made in China' products. The trade deficit with the Chinese subcontinent is enormous, and many Americans are demanding tariffs and other protectionist measures against Chinese goods: those imports, they say, take jobs away from America. However, it is worth remembering that the prosperity of some parts of the States (and therefore many jobs) is due to the purchases of the Chinese. The case of Minnesota is important: as reported by the China Daily, more than 60% of Minnesota's soybean exports go to China. Last year, China became the top customer of US agriculture, displacing Canada. Twenty years ago, China was a competitor of the USA in the soy market and exported large quantities. Today it is a net importer, thanks to higher domestic consumption linked to nutritional improvements. In short, exchanges bring prosperity to everyone. Historians record that in the late XNUMXs the growth of American textile mills in North Carolina was supported by sales to China.
http://www.chinadaily.com.cn/china/2011-07/15/content_12907687.htm
