Feenstra, Robert C.; Hai, Wen; Woo, Wing Thye; Yao, Shunli - 1998
This paper aims to reduce the range within which the true U.S.-China bilateral trade deficit lies, and identify the … calculated U.S.-China bilateral trade deficit is $15 billion to $20 billion in 1994, and $16 billion to $22 billion in 1995 …, compared to the official range of $8 billion to $30 billion, and $9 billion to $34 billion, respectively. The widening of the U.S.-China …