It is probable that China will take over Canada this year
to be the largest trading partner of the United States, said former US
Trade Representative Charlene Barshefsky at a trade negotiation
recently.
Continued investment from the US in factories in China over the
recent years led to an explosive expansion of Sino-US trade.
In 2003, China surpassed Mexico to be the second exporter to the US.
Last year, the US imported from Canada US$256 billion of goods,
mostly automobile, mineral ore and fuel, while its US$197-billion
imports from China were mainly computer, sports goods and clothes.
China is now the third-largest trader in the world, after the US and
Germany.
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