China’s export-driven economy feels the pain of a global recession during the holiday season. The magnitude of China’s manufactured goods, and China’s role as both an import and export partner of the United States, makes the business relationship between the two countries especially complex. PHOTO BY ROBERT EATON.
The United States controls exports with China to mitigate trade, address security concerns, and communicate foreign policy. The Export Administration works within the U.S. Department of Commerce;