1) When totaling all imports and exports, China is now the #1 nation for trading in the world.
2) The United States has a trade deficit with China over the last ten years that totals over $4.3 trillion dollars.
3) China now has the largest new car market in the entire world.
4) China is the #1 gold producer in the world.
5) China is the #1 gold importer in the world.
6) The reason it is so difficult to export to China is due to tariffs. According to an article in the New York Times, "a Jeep Grand Cherokee that costs $27,490 in the U.S. is about $85,000 in China."
7) The Chinese economy has grown 7x faster than the U.S. in the past decade.
8) The United States has lost nearly 32% of its manufacturing jobs since the year 2000.
9) The U.S. has lost an average of 50,000 manufacturing jobs since China joined the World Trade Organization in 2001.
10) China now produces twice as many automobiles as the U.S.
11) Since the industry bailout of 2008, close to 70% of all GM vehicles have been built outside the U.S.
12) The U.S. trade deficit with China is 30x larger than it was in 1990.
13) China uses more cement than the rest of the world combined.
14) China is the #1 producer of wind and solar power in the world.
15) China produces 2x as much beer as the U.S
16) China is now the #1 supplier of components that are critical to the operation of U.S. Defense Systems
17) China now awards more doctoral degrees in engineering each year than the U.S. does
18) China produces 11x as much steel as the U.S.
19) According to the Economic Policy Institute, America is losing half a million jobs to China every year.
20) China is the leading manufacturer of goods in the world.
Source: TheSleuthJournal.com- Independent news source that uses real journalism to bring stories to light that are largely never touched on by mass media.
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