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Originally posted by SLAYER69
President Obama to China: Let us sell you stuff!
"We want to sell you all kinds of stuff," he just told visiting Chinese President Hu Jintao at a White House presser. He then went on to mention software and cars and a few other things. I wish he'd stopped at "all kinds of stuff."
That US trade deficit with China? $252 billion in the first 11 months of last year. VOA is reporting that $45 billion of US corporate export deals with China -- about half of that with Boeing
Well I think Obama finally found something he is good at.
Actually, he is a good salesmen IMO. Selling the American public on the idea of Change. That's almost all I have left is Change in my pocket. It is good however to see him active on this topic. I wish him the best of luck. With Chinas growing middle class they will want consumer goods and other items but their markets are still pretty much closed on purpose to most outside products.
We don't have to try to sell them electronics or durable goods. [They manufacture all that for us anyways] But beef and other foods. Rice? RAW materials, Chemicals etc. I'm no expert on the subject but there is a lot of other items I'm sure we have that they want and or could use. It's just a matter of getting it to their growing consumer markets or manufacturers....
Any increase in sales to them is a positive move IMHO.
Originally posted by John_Rodger_Cornman
What happens when china and russia don't want to play the banker's game?
World War 3?
Top US Export Sales
1. Civilian aircraft including parts … US$74.7 billion, up 1% from 2008 (7.1% of total US exports)
2. Medicinal, dental and pharmaceutical preparations … $46.1 billion, up 14.1% (4.4%)
3. Semiconductors … $37.5 billion, down 26% (3.5%)
4. Other industrial machines … $30.9 billion, down 19.1% (2.9%)
5. Automotive parts and accessories … $30 billion, down 24.6% (2.8%)
6. Telecommunications equipment … $28.7 billion, down 12.6% (2.7%)
7. Passenger cars … $27.5 billion, down 44.5% (2.6%)
8. Medicinal equipment … $26.9 billion, down 0.5% (2.5%)
9. Electric apparatus … $26.1 billion, down 15.5% (2.5%)
10. Plastic materials … $25.5 billion, down 19.3% (2.4%).
Fastest-Growing US Exports
1. Non-military spacecraft … US$48.3 million, up 82% from 2008
2. Audio and visual recording media … $696.3 million, up 37.7%
3. Aircraft launching gear … $452.4 million, up 14.9%
4. Medicinal, dental and pharmaceutical preparations … $46.1 billion, up 14.1%
5. Military aircraft engines and turbines … $1.9 billion, up 9.9%
6. Military trucks and armored vehicles … $1 billion, up 9.8%
7. Artillery, guns, missiles and tanks … $3.1 billion, up 8.5%
8. Nuts … $4.2 billion, up 7.4%
9. Animal feeds … $6.4 billion, up 7.2%
10. Soybeans … $16.9 billion, up 5.7%
Originally posted by SLAYER69
reply to post by ziggy1706
There is no such thing as an "American Made" car. You need to get up to speed on the automobile industry in the US. Honda, Toyota, BMW and Mercedes just to name a few all have factories here in the US many of them use large amounts of American made hardware. US name brand manufacturers use many parts made in Japan, Germany or elsewhere.
Canada manufactures a large percentage of those supposed "garbage" cars.
President Barack Obama & China'sPresident Hu Address U.S. & Chinese Business Leaders / January 19, 2011 / Watch this video and others like it in hi-res at SCVTV.com
Originally posted by DrumsRfun
I am scratching my head.
After the outsourcing of American jobs to other countries,what does America have left to sell??
China is the leader in car production and electronics,what else can America sell them besides more American outsourcing of jobs??
Originally posted by havok
What we need to do is take all the products China sells here in the USA and do unto others...
RE-stamp the "Made in China" with a "Made in the USA".
Then export them to China and watch the sales boom.
Oh wait. They already did that, or still do that to us now.
Either way, I don't think we have the manufacturing capabilities of yesteryear to actually sell them much.
Seems they want to 'own' us anyways.
They practically have 100% total control of the sales market here already.