County, China Trading Big

Summary


Years of unprecedented growth have made Los Angeles County far and away China's largest U.S. trading partner, reaching more than $155billion in value even as global trade hit the skids in 2009.

The surge, from less than $1 billion in 1980, is attributed to geographic, political, cultural and economic ties between the regions dating back more than 200 years.

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County, China Trading Big

While a wide trade imbalance between Chinese imports to the U.S. and American exports remains a lingering political and economic issue domestically, no other nation purchases more from Los Angeles- area firms than China.

The county exported $22billion of electronics, foods, movies, paper and other go...

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