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Home > News > ECHEMI Focus > Introduction of Sino-US Trade Relations

Introduction of Sino-US Trade Relations

ECHEMI 2018-12-03

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In 2018, China's production capacity of edible and industrial ethanol has exceeded 13 million tons, and corn ethanol has increased significantly as expected, and maintained increasing potential in the follow-up; cassava ethanol supply has declined sharply, and raw material supply and pricing adjustment have brought new shocks to the Chinese market; the cooling of the synthetic industrial ethanol industry, profit constraints on the development of the industry can not be ignored. Bottleneck, in addition, the State Council regulated the layout of fuel ethanol, ethanol and gasoline to further expand the scope of promotion.

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The Main Sources of China's Trade Surplus

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China and the United States are the two largest economies in the world. The volume of trade between China and the United States is on display here. Therefore, for a long time, China's trade surplus with the United States is larger than that of other countries combined, which is also the biggest reason for Trump to launch a trade war. 

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