The U.S. Department of Commerce is releasing findings of an analytic report on the differences between the official trade statistics produced by the United States and China. This report was prepared cooperatively by analysts in the United States and China as part of the U.S.-China Joint Commission on Commerce and Trade Statistics Working Group (JCCT SWG). “This report is the culmination of significant effort by the Joint Commission on Commerce and Trade,” said U.S. Commerce Department Under Secretary Rebecca Blank. “The findings will help to inform our understanding of trade data going forward and this effort lays the foundation for further statistical cooperation between both countries.” (More) (Report—PDF)