November 2013 Trade Bulletin

Highlights of this month’s edition

• Bilateral trade: Deficit widens but less than last year; exports outpace imports; transport equipment exports see major gains; agricultural exports down
• Third Plenum Preview: Expectations high for economic reform announcements at the November 9-12, 2013 Plenum; 383 Plan prompts optimism but actual reforms uncertain
• Bilateral policy issues: Debt ceiling debate rattles China; ITA talks proceed; USCBC survey shows cost increases are main concern for U.S. businesses in China
• Sector spotlight: Advanced technology products see little change; debates resurface in WTO over China’s rare earths policies
• China’s economy: Growth rebounds, pushed by real estate and debt; rebalancing limited in 2013 with the exception of FDI in services