Resurgent US exports no major threat to nation IBUonline is a B2B foreign trade platform which offers comprehensive foreign trade

services to China suppliers and international buyers. IBUonline also provides foreign trade trend updates. Major US exports to China include oilseeds and grains, waste and scrap aerospace products and parts, as well as motor vehicles. Top US imports from China are computer equipment, communications equipment, miscellaneous manufactured commodities and apparel, according to IBU report. The US export surge will be felt across a wide range of US industries. The most profound impact will likely be on industrial groups that account for the bulk of global trade, such as transportation equipment, chemicals, machinery and computer and electronic products. When it comes to the emergence of a challenger for China exporters, experts said the backflow into US manufacturing is limited in several sectors. To further boost Chinese manufacturers, they have to continue improving their innovative capabilities to lower costs and build brands. The US transportation equipment, machinery, computer and electronic products are mainly exported to European countries and Japan, not China, said He Weiwen, co-director of the China-US/European Union Study Center at the China Association of International Trade. The US manufacturing industry has been recovering in recent years because of its economic improvement and the changes in the global industrial chain division. But it will not threaten Chinas exports in terms of labor intensive industry, such as textiles and furniture, said He. As for communications equipment, some companies may move their manufacturing plants back to the US. But this is only a part of Chinese exports to the US, said He. Further, betting on the promising Chinese market, companies will choose to locate their plants in China and invest more in China, added He. IBU stated that although the trading figures between the two countries may fluctuate, there will be only a little change in the bilateral trading relationship. The declining China trade surplus with the US recently is mainly because of the appreciation of the Yuan and the weaker dollar. Right now, the US is attracting foreign investment and manufacturing is consequently pulled up, but not many companies will rush back into the US now. IBU also found out a fact that some companies used to expanding manufacturing in China are transferring to neighboring countries, such as Vietnam and Myanmar, to reduce their expenditure because China has lost the advantage of low production costs. IBU firmly believe that after counting in quality, technology and added value, Chinese manufactures are still very popular around the world and the labor costs in China are cheaper compared with in the US. With the upgrading and restructuring of exports, Chinese manufacturers have to further improve their competitiveness to focus more on high-tech fields.