Trade with China helps 2.6m US jobs
By Chen Weihua in Washington | China Daily | Updated: 2017-01-12 07:30
Trade with China supports some 2.6 million jobs in the United States, including jobs that Chinese firm have created directly in the US, according to a report released on Tuesday by the US-China Business Council.
And as the Chinese middle class grows rapidly over the next decade, likely exceeding the entire US population by 2026, US companies will have opportunities to tap into a new and lucrative customer base that can further boost employment and economic growth, said the report, entitled Understanding the US-China Trade Relationship.
The report shows that nations trading closely with China outperform those with less integrated trade ties, and the trend will continue.
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