Table of Contents
Which country is most dependent on China?
List of largest trading partners of China
| Rank | Country / Territory | Trade balance |
|---|---|---|
| 1 | United States | 275.8 |
| 2 | European Union | 177.1 |
| – | ASEAN | 41.5 |
| 3 | Japan | -28.6 |
What countries are most reliant on China?
Korea has held up well despite China’s market volatility. China is responsible for 25\% of Korean exports and roughly 11\% of its GDP. Taiwan, too, has held up fairly well despite the fact that 26\% of its exports are China bound. A whopping 16\% of its economic output is dependent on China.
How heavily does Australia rely on China?
China as an investor Australia relies heavily on foreign investment. China ranks only ninth as an investor in Australia, with a 3\% share of total foreign direct investment. That investment has grown rapidly in the past few years, but China’s foreign investment is likely to fall as its savings rate falls.
Who is China’s biggest trade partner?
Mainland China’s 100 major trade partners account for $2.551 trillion or 98.5\% of all exported goods consumed by trade partners that import from the People’s Republic….Searchable Datalist of Countries Consuming China’s Exports.
| Rank | 1. |
|---|---|
| Importer | United States |
| Exports from China (US$) | $452,576,771,000 |
| 2019-20 | +8.1\% |
Where does China get most of its money?
Manufacturing Revenue Most Americans know that China is a manufacturing powerhouse. Besides its large textile manufacturing sector, the economy also supplies machinery, cement, food processing, transportation devices (trains, planes, and automobiles), consumer goods, and electronics.
Why does the US depend on China?
The U.S. depends heavily on China for providing the low-cost goods that enable income-constrained American consumers to make ends meet. The U.S. also depends on China to support its own exports; next to Mexico and Canada, China is America’s third largest and by far its most rapidly growing major export market.
What is China biggest export?
List of exports of China
| # | Product | Value |
|---|---|---|
| 1 | Computers | 210.231 |
| 2 | Broadcasting equipment | 110.979 |
| 3 | Telephones | 91.759 |
| 4 | Office Machine Parts | 47.079 |
Does China depend on Australia?
The survey also showed that 76.9 percent of people don’t believe that China is too dependent on Australia economically, although people who do believe that it is saw an increase of 5.4 percentage points from last year. China is Australia’s largest trading partner.
How dependent is Australia on China?
Australia was dependent on China for more than half the supplies to three industries, 37 sectors and 167 categories. This was by far the greatest level of dependency among the five nations. A separate analysis of the UN data by this correspondent shows that China has a massive market share for crucial inputs to many industries in Australia.
What is Australia’s relationship with China like?
Australia’s neighbors across the Tasman Sea in New Zealand also enjoy a comprehensive strategic partnership with China, while Canada’s relationship with China, though of longer standing, is merely an ordinary strategic partnership.
How should New Zealand’s relationship with China change?
New Zealand must forge a relationship with China that has good boundaries, and protects our national interests. Any short-term damage will be worth it for these long-term benefits. Professor Anne-Marie Brady is a specialist of Chinese domestic and foreign policy at the University of Canterbury, Christchurch, New Zealand.
What about New Zealand’s Chinese population?
The 230,000-strong New Zealand Chinese population is diverse, not all are from mainland China, and those who are, voted with their feet. New Zealand politicians need to show this population that they are interested in representing all of them, not just a wealthy minority connected to the CCP.