The great thing about bilateral trade is that it means bilateral in that goods and people go one way and goods and people return the other. We’ve had an interesting relationship with China on this point. We buy much more than we sell them and that’s obviously problem. In some industries the US and China are competitors, in others they are customers. We can be friends, enemies, lets just say it is complex.
Hopefully these new visa changes will help to address the balance of trade by increasing visits to each other’s countries. We love visiting China and love when Chinese tourists come to visit us. So here’s to more bilateral travel. If we can’t fix the trade imbalance at least we might be able to even out the number of tourist arrivals to and from each country.