China VP visits as U.S.-China trade deficit surges

Posted by scapozzola on 02/13/2012

This past Friday, the Commerce Department announced that the U.S. racked up a record $295.5 billion annual goods deficit with China in 2011.  

This massive increase from the previous record of $273 billion in 2010 comes just as Chinese Vice President Xi Jinping will be visiting the U.S. this week.

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