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September 2013 Trade Bulletin

Highlights of this month’s edition

Bilateral trade: Monthly bilateral deficit in goods hits new high; total trade slows; automotive exports the bright spot

Bilateral policy issues: USDA approves processed poultry imports from China; SEC cracks down on J.P. Morgan hiring practices in China; China moves ahead with free trade zone; China allies with BRICs to criticize Federal Reserve policy

Sector spotlight: Aerospace products perform well; U.S. tech companies continue to use China as export platform; new labor report highlights problems of outsourcing to China in electronics and info technology

China’s economy: Moderate recovery but imbalances remain; reforms likely at November CPC meeting with focus on financial, fiscal, and urban planning issues; antitrust actions against foreign firms widen