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Economic Watch: Why “Made in China” makes U.S. better off

Economic Watch: Why “Made in China” makes U.S. better off
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While “Buy American” sentiment might be picking up steam in Washington and corporate America, it is a quirky reality that celebrations of U.S. Independence Day depend on China.

On July 4, Americans celebrated the annual festivity with fireworks, flags and outdoor grills — the lion’s share made in China.

The U.S. Census Bureau has said that Americans imported more than 300 million U.S. dollars worth of fireworks last year, 96 percent of which came from, you guessed it, China.

For the full story go to http://news.xinhuanet.com/english/2017-07/06/c_136423115.htm

Source: Xinhua

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