Economic Watch: China trade ties carry significant weight for U.S. West Coast ports-Xinhua
by Julia Pierrepont III, Gao Shan LOS ANGELES, Oct. 3 (Xinhua) -- With China accounting for about 55 percent of trade at the Port of Long Beach and roughly 40 percent of business at the neighboring Port of Los Angeles, stable relations between Washington and Beijing are not an abstract diplomatic concern for the two busiest container ports in the United States. That deep trade linkage means shifts in U.S.-China ties can quickly ripple through cargo flows, jobs, consumer supply chains and investment across Southern California, according to the heads of the two ports. "Stable and constructive relations between the United States and China are important to the global economy, to American consumers and businesses, and to the reliability of international supply chains," Noel Hacegaba, CEO ...