Justin Fox, Columnist

Americans Would Have No Christmas Without China

It's no surprise where the U.S. gets a lot of its laptops and video games, but what would we do without Chinese gewgaws?

June 10, 2016 at 5:17 PM UTC

By Justin Fox

Justin Fox is a Bloomberg Opinion columnist covering business, economics and other topics involving charts. A former editorial director of the Harvard Business Review, he is author of “The Myth of the Rational Market.”

Christmas kitsch.
Photographer Miguel Medina/AFP/Getty Images

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Without imports from China, there would be no Christmas. At least, no Christmas lights or decorations or ribbon or video game consoles to wrap up and put under the tree.

That’s one conclusion you could draw from this table assembled by Caroline Freund of the Peterson Institute for International Economics: