April 2016 Economics and Trade Bulletin

Date: 

Tuesday, April 5, 2016

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Summary: 

Highlights of this Month’s Edition: • Bilateral trade: U.S. trade deficit with China down in February 2016 on weaker exports and imports. • Bilateral policy issues: Department of Commerce announces, then temporarily lifts, sanctions against Chinese telecommunications firm ZTE for violating U.S. export controls. • Policy trends in China’s economy: Chinese government floats new plans to eliminate mounting debt. • 13th Five-Year Plan: Chinese government’s blueprint for the country’s development in 2016–2020 outlines plans for continued economic rebalancing, accelerated urbanization, domestic industrial upgrading, and green development.

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