One way China still really, really needs the U.S.

China needs way more soybeans, cotton and meat than it can produce. The U.S. is happy to provide.

By Lydia DePillis-March 17 at 10:28 AM 

On Monday, we took note of the fact that China's faltering construction sector has meant that all the steel it's churning out -- which hasn't slowed down a bit -- is flooding world markets. And that's the typical trade story with China, where the low cost of production and strategic currency management helped propel its trade surplus with the United States to arecord high last year.
One Way China Still Really, Really Needs the U.S. by Thavam Ratna