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The People's Republic of China flag and the U.S. Stars and Stripes fly in the wind along Pennsylvania Avenue near the U.S. Capitol in Washington, D.C., U.S. January 18, 2011. /Xinhua
Despite the rising tensions, trade between China and the United States, the world's two largest economies, remains extremely strong, and they are still "integral partners" in many ways, the New York Times has reported recently.
"They sell and buy important products from each other, finance each other's businesses, provide a home to millions of each other's people, and create apps and movies for audiences in both countries," the NYT reported on Friday.
The revenue that large U.S. companies derive from China is more than their total revenue from Japan, Britain and Germany, it noted, adding that China is still the U.S.' third-largest trading partner, only behind Canada and Mexico, who are U.S.' next-door neighbors.
Last year, U.S. imports of goods and services from China reached a record $563.6 billion, it said.
It pointed out that China is also the U.S.' major export market, saying, "The U.S.-China Business Council estimated that U.S. exports to China supported nearly 1.1 million jobs in the United States in 2021."
U.S. Treasury Secretary Janet Yellen ended her four-day visit to China on Sunday after multiple meetings with high-level Chinese officials, which experts see as a positive development in Sino-U.S. relations.
During the visit, the two sides agreed to strengthen communication and cooperation in addressing global challenges and continue maintaining exchanges and interactions.
Read more:
Yellen's visit and prospects for constructive Sino-U.S. dialogue
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Disinformation report hotline: 010-85061466