China is an economy growing at roughly 10 percent per year, they should be pulling in U.S. exports like crazy. That's not happening. I think you have to attribute it: (a) to China's highly protectionist economic system and (b) to the American failure to open up Chinese markets.
We think in one sense (China trade policy) has consisted of the indiscriminate opening of U.S. markets but has done little to open foreign markets to U.S. goods.