For 2007 through November China was the second biggest importer into
the US, following only Canada and making up a wopping 12.4%.
http://www.census.gov/foreign-trade/statistics/highlights/top/top0711.html
On Feb 4, 2008 2:47 PM, Steve Preston <steveophonic@yahoo.com> wrote:
>
> Jon,are you sure?? I thought that we keep running
> trillions of dollars in trade deficits with China? I
> keep hearing that. And it doesn't jive with what I see
> on store shelves...but I am in just one small hole in
> the universe,granted. Big cities probably have a high
> percentage of,shall we say "more exclusive" stores
> than anything I ever see. Maybe Chinese goods are low
> in such stores.
>
> I am seeing drastic improvements in quality from
> China,which leads me to believe that they are
> drastically making money and growing (due to
> somebody,maybe not all us).
>
> Thanks!
>
> Steve
>
> --- jon@dakota-truck.net wrote:
>
> >
> > Steve Preston <steveophonic@yahoo.com> wrote:
> > [...]
> > > cheap condensing units and air handlers!! Now
> > they're
> > > making cars with Chrysler. There are many discount
> > and
> > > dollar stores that you go into where 98% of the
> > items
> > > they sell are Chinese,and now that is spreading to
> > > Sears,Auto Zone,Cabelas....everything.
> >
> > > I have no problem at all with goods made
> > elsewhere. As
> > > long as it's a little bit of this country and that
> > > country.
> >
> >
> > It seems like if you pick up almost anything
> > these days, its got
> > that "Made in China" label on it, but in this case,
> > perception is very
> > different from reality. I would bet that many
> > people would be
> > surprised to learn just how little the US actually
> > imports from China.
> > In 2007, Chinese imports accounted for just over 7%
> > of total US
> > imports. That means 93% of goods and services
> > imported into the US
> > come from places other than China. (Canada and
> > Mexico, mostly.) (That
> > 7% number is for Jan-Nov of 2007, the December
> > numbers don't seem to
> > be out yet, but that's in the ballpark - its been
> > around 10% for a
> > while now.)
> >
> >
> > > China scares me to death
> > > for many reasons,and I try hard to avoid their
> > > products,and buy our stuff when possible. That
> > means
> > > buying "select" New Balance shoes,jeans from Union
> > > Jean Co.,one type of Wolverine boots,etc. Have to
> > shop
> > > mostly online to do it.
> >
> >
> >
> > I don't have any problem buying products made in
> > China, with the
> > caveat that you do need to be somewhat careful in
> > your purchase
> > decision due to the quality control not always being
> > what it is
> > elsewhere. I mostly just shop for the best value
> > for my money, though
> > I admit I do make some exceptions, steering clear of
> > certain companies
> > for various personal or political reasons, but China
> > has not made my
> > list as of yet, even though I consider communism to
> > be an absolutely
> > abhorent system of government. Its true that the
> > Chinese government
> > is benefiting from the foreign trade, but its not
> > quite a complete
> > communist system - a great deal of the money is
> > being retained by the
> > people themselves.
> >
> > China is going to be very interesting to watch.
> > The number of new
> > Chinese millionares and even billionares is really
> > starting to
> > skyrocket, and I just don't see the government being
> > able to contain
> > their own population. The Chinese people have
> > gotten a taste of
> > capitalism, an inkling of the freedom and wealth
> > that goes along with
> > it and like all of mankind, they enjoy it. 12
> > million new jobs were
> > created in China last year; the mental image I get
> > of China is that of
> > a financial powderkeg, with all of the people inside
> > and the
> > government sitting on the bucking lid, desperately
> > trying to keep it
> > under control and stay relevant.
> >
> > I have a feeling that China's newfound wealth is
> > going to be the
> > straw that breaks communism's back in that country.
> > It has already
> > been shown that communism will collapse under its
> > own weight,
> > inefficiency and imorality, and I think the
> > staggering growth and
> > influence brought about by foreign trade is going to
> > rapidly
> > accellerate that process. I don't know if it is
> > going to happen with
> > a bang or with a wimper (like the USSR), but I think
> > its going to
> > happen. I think it will depend on the personalities
> > of the heads of
> > state at the time - wether they dig in their heels
> > and attempt to
> > retain their power and influence at a bloody price,
> > or simply accept
> > the inevitable and fade into irrelevance.
> >
> >
> > --
> > -Jon-
> >
> > .- Jon Steiger -- jon@dakota-truck.net or
> > jon@jonsteiger.com -.
> > | '96 Kolb Firefly, '96 Suzuki Intruder,
> > Miscellaneous Mopars |
> > `--------------------------------
> > http://www.jonsteiger.com --'
> >
> >
>
>
> 2007 Dodge Ram 1500 QC Black 4X4 Sport w/Hemi
>
> 2003 Dodge Dakota Sport CC Red 4X2 Sport w/3.9 and 42RE (Work truck,driven the most often)
>
> 2000 Jeep Grand Cherokee Laredo Silver 4X4 w/4.0 and 42RE
>
>
> ____________________________________________________________________________________
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