EXPLAINERBefore President Trump’s visit to Beijing,
Al Jazeera compares the US and
China on economics, military and resources.Published On 13 May 2026US President
Donald Trump will meet Chinese President
Xi Jinping in Beijing on May 14 and 15, following weeks of delays due to the
US-Israel war on Iran.The talks are expected to focus on trade relations and mark the first time a US president has visited
China in nearly a decade.In recent decades, the US and
China have emerged as the world’s dominant superpowers, frequently seen as locked in a contest for who sits atop the world order.A quarter of a century ago, by contrast, the US dwarfed
China in most major indicators, but today, Beijing is regarded as the factory of the world and is outpacing its Western counterpart in many regards.In this head-to-head, we measure the two countries in terms of economics, military, resources and technology.Who is the world’s top trading power?Twenty-five years ago, the US was the world’s largest exporter, selling goods worth $729bn in 2001, while
China ranked fourth at $266bn, about one-third of US exports, according to the
World Bank’s World Integrated Trade Solution (WITS).At that time, only 30 economies traded more with
China than with the US.Today,
China is the world’s largest exporter, selling $3.59 trillion in goods globally compared with the US’s $1.9 trillion per year. Currently, 145 economies trade more with
China than with the US.[
Al Jazeera]Who is the larger exporter?In 2024,
China sold $3.59 trillion in goods and bought $2.58 trillion, producing a trade surplus of more than $1 trillion – the largest of any country.
China’s main exports include: Machinery and electrical machines ($1.68 trillion), such as phones and computers, accounting for nearly one-third of total exports. Metals ($286bn). Textiles ($268bn). The US is the second-largest exporter in the world. In 2024, it sold $1.9 trillion worth of goods globally and bought $3.12 trillion, creating a large trade deficit. US President
Donald Trump used the that trade deficit as justification for the trade tariffs he imposed on countries globally since returning to the White House in January last year.The US’s main exports include: Machinery and electrical machines ($447bn). Mineral products including fuels, oils, waxes and their derivatives ($364bn), accounting for nearly one-fifth of total exports. Chemical products ($245bn). What do the US and
China buy from each other?The US and
China are significant trading partners, exchanging more than $500bn worth of goods in 2025, though trade has since fallen as the two countries exchanged retaliatory tariffs from the beginning of Trump’s second term.As it stands, the average effective US tariff on imports from
China is about 31.6 percent, according to the Penn Wharton Budget Model. Meanwhile,
China has imposed a series of tariffs on key US energy and agricultural exports, including a blanket 10 percent levy on all US imports, with surcharges on specific items. These range from 11 percent on propane and ethane to 77 percent on beef, according to the news agency Reuters.Despite this, the US remains
China’s largest trading partner, while
China ranks third for the US, behind Mexico and Canada.In 2024, the US bought $453bn worth of goods from
China. The main goods include: Machinery and electrical machines ($212bn) Miscellaneous items such as toys, bedding and furniture ($57.9bn) Textiles ($31.9bn) That same year,
China bought $145bn worth of goods from the US, with the main goods including: Machinery and electrical machines ($30.8bn) Mineral products including fuels, oils, waxes and their derivatives ($24.1bn) Chemical products ($18.2bn) Who has more debt?The US and
China both carry significant debt, with US general government debt standing at 115 percent of GDP, while
China’s stands at 94 percent of GDP. However, it is important to note that
China’s debt is believed to be underestimated.The 2008 global financial crisis was a turning point for the US, when debt surged sharply as the government bailed out banks and provided economic stimulus.
China’s debt has also grown, but more steadily, from about 22 percent of GDP in 2000 to about 34 percent in 2009, after which it began to incline even more steeply, mainly driven by infrastructure investment and local government borrowing, as opposed to crisis spending like the US.Both countries saw their debt levels surge dramatically during the COVID-19 pandemic, as governments unleashed massive stimulus programmes to prop up their economies. The US allowed trillions of dollars in relief spending in the form of business loans and unemployment benefits, while
China increased its infrastructure investments.The US national debt now exceeds $39 trillion, which is the highest level in history, while the exact level of
China’s government debt is more difficult to establish. Who spends more on their military?The US is the world’s biggest military spender, outpacing
China by almost three times in dollar terms. According to the research institute SIPRI, the US spent $954bn or 3.1 percent of its GDP on its military in 2025, while
China spent $336bn or 1.7 percent according to estimated figures.Together, the US and
China make up more than half of the world’s total military spending.The US holds a clear advantage in air power, with three times as many aircraft and far superior support infrastructure. At sea,
China has more ships numerically, but the US maintains a qualitative edge in firepower, submarines and aircraft carriers.[
Al Jazeera]Who consumes more energy?Energy consumption in
China has grown rapidly since the turn of this century as the country has ramped up its manufacturing industry and its economy has industrialised.Today,
China is the world’s largest energy consumer. In 2024, the country of 1.4 billion people consumed 48,477 TWh, with 80 percent generated by fossil fuels, mostly coal.The US is the world’s second-largest energy consumer. In 2024, the country of nearly 350 million people consumed 26,349 TWh, also with approximately 80 percent coming from fossil fuels, mostly oil.When it comes to green energy investments, however,
China is surging ahead. According to the REN21 Global Status Report, in 2024
China spent $290bn on green energy, while the US spent $97bn.[
Al Jazeera]Who is ahead in emerging technologies?When it comes to emerging technologies, from artificial intelligence (AI) robots to electric vehicles,
China is charging ahead at breakneck speed, though there are still areas where the US leads.According to Morgan Stanley, the US leads the world in AI investment with $109bn in corporate spending in 2024 alone, nearly as much as the rest of the world combined.It also has twice as many notable AI model releases as
China, including OpenAI’s ChatGPT, Google’s Gemini and Meta’s Llama – compared with
China’s most notable release, DeepSeek.The US also has an edge in semiconductors, with Nvidia’s CUDA software platform giving US chips a significant advantage over Chinese alternatives. Both countries, however, rely heavily on Taiwan, which produces almost 90 percent of the advanced chips needed for AI development.Where
China has surged ahead is electric vehicles. Almost half of all new cars sold in
China in 2024 were electric, compared to about 10 percent in the US, helped by nearly $230bn in government subsidies between 2009 and 2024. Who has more rare earth minerals?
China holds the world’s largest rare earth mineral reserves, with an estimated 44 million tonnes of known rare earth oxide deposits in 2024 – a little more than half of the world’s total.