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ASIAdocument.write(“” + m[today.getMonth()+1]+ ” “+ today.getDate()+”, ” + theYear + ” “);HOMECHINAWORLDBUSINESSLIFESTYLECULTURETRAVELSPORTSOPINIONREGIONALFORUMNEWSPAPERChina Daily PDFChina Daily E-paperChina Daily Global PDFChina Daily Global E-paperChina / Across AmericaHot IssuesGovernmentSocietyInnovationEducationCover StoryPeoplePhotosUS trade deficit with China widens in AugustBy Associated Press (China Daily) Updated:2015-10-07 10:49Comments Print Mail Large Medium SmallThe US trade deficit jumped sharply in August as exports fell to the lowest level in nearly three years while imports increased, led by a big jump in the shipments of cellphones from China.The deficit increased 15.6 percent to $48.3 billion, the biggest deficit since March, the Commerce Department reported Tuesday. Exports of goods and services dropped 2 percent to $185.1 billion, the lowest level since October 2012. Imports rose 1.2 percent to $233.4 billion.Critics point to Americas huge trade deficits to bolster their argument that other nations are manipulating their currencies and pursuing other unfair trade practices that are costing US jobs.For August, the US deficit with China rose 10.7 percent to $35 billion, the highest level in 11 months. So far this year, the deficit with China, the largest with any trading partner, is running 9.5 percent higher than a year ago. It is on track to set another annual record.The rise in imports reflected a $2.1 billion jump in the category that covers cellphones, with many of those imports coming from China. Imports of telecommunications equipment and food products were also up, but imports of oil dropped 11.7 percent to $15.1 billion.The drop in exports reflected lower sales of manufactured goods such as computers, industrial machinery and autos. Shipments of U.S. energy products also fell 9.3 percent to $8.1 billion, reflecting the slump in oil prices.Exports have been hurt this year by the rising value of the dollar, which makes US goods less competitive on overseas markets, and weaker economic growth in China and other major export markets. Economists say they expect these trends will combine to push the deficit higher and make trade a drag on overall growth this year.(China Daily 10/07/2015 page2)8.03KPhotoNight views of Harbin through the lensTibetans take train home after pilgrimage or travellingWorlds largest shaftless Ferris wheel built in ChinaAncient cities to be connected by Xian-Chengdu high-speed railwaySnow turns Harbin into winter wonderlandReed Catkin Festival held in WuhanSocietyPoliticsHot TopicsScience/TechBusinessCover StoryFTZ simplifies process to launch businessesJapan can offer experience, expat saysApplication for work streamlinedAwareness of law aids resolutionAir Force units explore new airspaceLow wages and lack of respect responsible for kindergarten abuse, experts sayLiu heralds UK partnership in education and researchAgency ensuring natural gas supplyUN envoys trip to DPRK praised by BeijingChina moves to secure natural gas supply amid rising winter demandXi asks China, Canada to work for substantial tiesCooperation necessary for success, leaders sayLiving in space: How astronauts train, eat and workTeachers excused for lunchtime drinksWaiting for Shenzhou XICancer agent found in 44 cities drinking waterAt Ikea eatery, its no pay, no stayChina lose 2-0 to Uzbekistan in World Cup qualifier, coach Gao resignsC919 gains another 55 orders, lifting total orders to 785Services offset dip in manufacturingFintech to energize real economy, cut risksChinas Long March rockets complete 60 commercial launchesEngineers achieve breakthroughChina-made components add securityOnline shopping rings up customer complaintsImport expo to focus on advanced techSME mobile market platform receives first clientsChina top importer of US soybeansAir China opens direct route from Beijing to BarcelonaInsurance-based trust launchedDandelion helping to sow the seeds of stability for membersCover storyVisa change may boost tourism to USThe wrong side of the roadBuilding ban begins to biteVillagers call on Japan to atone for massacreMost ViewedTodays Top NewsTyphoon leaves trail of death and mayhemTransport delays reduce the time windows for organ transplantsEx-HK chief executive in court on misconduct chargesXis initiatives at UN generous opportunity for developing countriesExcavation of famed Chinese warship underwayChinese officials reprimanded for failing to control straw burningS China braces for typhoon MujigaeChina urges US to respect core interestsSuspect of South Chinas serial blasts confirmed deadVendors hired to deliver Liuzhou parcel bombsIn todays trending, couple carves magnificent jade banquet out of stone, four alpacas get their own house, man falls down chimney, and the worlds biggest fork.HighlightsMovies Midas touchSurfing in the airMusic therapy hits right note with many ChineseRed articles continue to shine in modern eraHot TopicsGround level Rule of law Panda China youths Anti-terror drive Family planning Smog Fox Hunt Beijing integrates with Tianjin, Hebei China cracks down on graftSpecial60th anniversary of Xinjiang Uygur autonomous regionChina Legal Information Center…| About China Daily | Advertise on Site | Contact Us | Job Offer | Expat Employment |Copyright 1995 -var oTime = new Date();
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