Second, China's market is basically open after its accession to the WTO in 2001. China is the fastest growing market for US exports. If the Chinese market is not open, it is impossible to see 56% of US soybean exports, 26% of Boeing aircraft, and 16% of US automobiles exported to China.
第三,美国的出口管制是增加对华出口的障碍。与其他一些发展中国家一样,中国的比较优势是劳动力成本较低,而美国的比较优势在于资本、技术和土地。在这种差异的推动下,中国向美国出口劳动密集型产品,美国则向中国出口技术产品和农产品。正如美国中国商会所抱怨的,美国的出口管制政策比欧洲(特别是德国)和日本更严格,它限制了美国的对华出口。美国的出口管制对贸易逆差也应该负有一定责任。
Third, US export controls are a barrier to more exports to China. Like some other developing countries, China's comparative advantage lies in cheaper labor. America's comparative advantage lies in capital, technology, and land. Driven by this difference, China exports labor-intensive products to America, and the US exports technology products and agricultural products to China. As the US Chamber of Commerce in China complains, the US export control policies are stricter than those of Europe (especially Germany) and Japan, limiting US exports to China. US export controls should take part of the responsibility for the trade deficit.
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