China's Increase in Sales to U.S. Finally Outstrips Rise in Imports
PEKING ÛÓ Despite a widening trade deficit, ChinaÛªs sales to America have increased faster than its purchases from America, according to U.S. trade statistics released here last week.</br></br>Figures for the first three months of this year show that Chinese exports to the United States grew by 84 .percent over their level for the same period of 1980, while ChinaÛªs imports rose by 53 percent.</br></br>Despite the relative gain in Chinese exports, PekingÛªs overall sales to the United States are still so low compared to its imports that its latest success does nothing to offset the huge imbalance in Sino-American trade: ChinaÛªs deficit in the first three months of this year reached $805 million compared with $570 million in the same period of 1980.</br></br>Accounting for the largest increases in Chinese exports were textiles, clothing, peanuts and such nonferrous metals as tin, tungsten and titanium, according to the report prepared by U.S. Commerce Department officials.	'</br></br>Economic analysts said the statistics reveal an unexpected and dramatic reversal in the pattern of bilateral trade. Since the' two nations normalized relations in 1979, PekingÛªs imports from America consistently have risen at a much faster rate than exports.