Feenstra, Robert C.; Hai, Wen; Woo, Wing Thye; Yao, Shunli - 2021
opposite directions; and (ii) the accelerated relocation of production of US imports from East Asia to China …This paper has two aims. The first is to reduce the range within which the true U.S.-China bilateral trade deficit lies … revised US-China bilateral trade deficit is $15 billion to $20 billion in 1994, and $16 billion to $22 billion in 1995 …
