Export rebound in US 'no big threat to China'

The resurgent competitiveness of United States manufacturers appears to bolster that nation's position in the global export market and may reshape the world's trade map.

That is the view of a global consulting group. But experts said the strength of Chinese manufacturing exports is not necessarily being damaged despite the US' shrinking trade deficit on factory goods.

US exports have been growing more than seven times faster than the nation's gross domestic product since 2005. Exports are at their highest point in 50 years, according to the report by the Boston Consulting Group released on Wednesday.