China surpasses US as world's largest trading nation (Congress, Iraq, parties)
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China became the world's largest trading nation in 2013, overtaking the US in what Beijing described as "a landmark milestone" for the country.
China's annual trade in goods passed the $4tn (£2.4tn) mark for the first time last year according to official data, after exports from the world's second largest economy rose 7.9% to $2.21tn and imports rose 7.3% to $1.95tn.
As a result total trade rose 7.6% over the year to $4.16tn. The US is yet to publish its 2013 trade figures, but with trade totalling $3.5tn in the first 11 months of the year, it is unlikely to beat China.
The Sleeping Dragon is waking up.
This was predicted and is now coming to pass.
While the US invades countries with guns, China walks in with trade agreements and currency swaps.
No. The liberals and democrats deserve the thanks. Their policies forced businesses to move to China.
Sorry..the Repubs are just as much to blame.
Both parties are corrupt and beholden to those that line their pockets.
The average taxpayer doesn't line their pockets or provide them cushy jobs after they leave Congress.
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