China software exports to US plummet as China’s economy falters

China is struggling to contain a rising tide of global demand for its software products.

The Chinese government has already imposed tariffs on more than 40 software exports from the United States, the European Union and Japan, as well as its largest software company, China National Electronics Technology Group, or CNET.

The steepest tariff hit on a software export from the U.S. this week was $3.5 billion, according to data from the Commerce Department.

China’s export controls on software also have been tightened since late last year, prompting concern in Washington that Chinese companies may try to squeeze their way into the U of S market.

On Tuesday, a Commerce Department official told reporters that China’s government is working to reduce barriers to software exports.

“The Commerce Department is working with the Department of Commerce and other stakeholders to ensure the export of certain products, including the products that we export,” the official said.

“The Commerce Dept. will continue to work with Chinese businesses to improve export controls, which are currently a top priority for the department.”

However, China is not the only country with a hard-line attitude to software products that are exported to the United Kingdom and other European nations.

China is the top exporter of software to the U, with software products exported by its firms worth $15.9 billion in 2015, according in the most recent figures available from the US Export-Import Bank.

The trade deficit between the U and China, however, is far less than the $200 billion the U has with the world’s second-largest economy.

China and the United states are also close trading partners, with China accounting for $5.4 billion in goods traded in 2015.