Title: Exporting to China: What You Need to Know
Headings: Exporting to China: What You Need to Know
International Trade Blog
Exporting to China: What You Need to Know
The Bumpy Road of U.S.-China Trade
Top U.S. Exports to China
Exporting to China: The Challenges
Intellectual Property Issues
Rules and Regulations In China
Exporting to China: The Opportunities
Areas of Growth in China
Export Assistance
U.S. Commercial Service Offices
District Export Councils (DECs)
Trade Missions
International Trade Administration (ITA)
U.S.-China Chambers of Commerce
Export Document Requirements for China
Export Compliance Issues When Exporting to China
Product Classification for Export Controls
Export License Determination
Deemed Exports
Restricted Party Screenings
Export Documentation and Compliance Software

Content: and the benefits and considerations for U.S. companies looking to break into the Chinese market. The Bumpy Road of U.S.-China Trade
In 2017, China stood as the largest economy in the world as measured by a Purchasing Power Parity (PPP) basis that adjusts for price differences. The country became the world's largest exporter in 2010, and the largest trading nation in 2013. ( CIA World Factbook)
According to the International Trade Administration's (ITA) China Commercial Guide, U.S. exports to China in 2018 were $120.34 billion, down from $129.89 billion the previous year. U.S. exports of services to China were an estimated $58.9 billion. In 2018, the Trump Administration imposed a variety of tariffs on Chinese goods in response to what it called unfair trade practices. China responded with additional tariffs of its own on U.S. goods, and the two countries have battled back and forth ever since. According to the China Briefing website, "the U.S. has slapped tariffs on $550 billion worth of Chinese products. China, in turn, has set tariffs on $185 billion worth of U.S. goods." There appeared to a breakthrough in negotiations between the two countries in January 2020 when the two countries announced a Phase One Agreement, in which China agreed purchase an addition $200 billion of U.S.-made goods and services over 2020 and 2021.