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Old 01-12-2014, 02:46 AM
 
4,432 posts, read 6,990,865 times
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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 shift in the trading pecking order reflected China's rising global dominance, despite a slowdown in economic growth last year.China surpasses US as world's largest trading nation | Business | The Guardian

It comes with no surprise. Eventually China will be the worlds largest economy.
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Old 01-12-2014, 02:54 AM
 
24,488 posts, read 41,175,722 times
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With that many people, I'm not surprised either.
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Old 01-12-2014, 07:29 AM
 
Location: Great State of Texas
86,052 posts, read 84,576,981 times
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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.
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Old 01-12-2014, 07:36 AM
 
Location: California
11,466 posts, read 19,365,382 times
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Yes and our government deserves a big Thanks for helping them.
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Old 01-12-2014, 07:38 AM
 
Location: Great State of Texas
86,052 posts, read 84,576,981 times
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Quote:
Originally Posted by Roaddog View Post
Yes and our government deserves a big Thanks for helping them.
Brings to mind our war in Iraq.
When it was all over and done and we spent billions in rebuilding we watched China fly in and sign oil trading deals.

I still laugh at that one.
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Old 01-12-2014, 08:30 AM
 
26,694 posts, read 14,592,411 times
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Quote:
Originally Posted by Roaddog View Post
Yes and our government deserves a big Thanks for helping them.
No. The liberals and democrats deserve the thanks. Their policies forced businesses to move to China.
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Old 01-12-2014, 08:34 AM
 
69,368 posts, read 64,186,917 times
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Quote:
Originally Posted by lifeexplorer View Post
No. The liberals and democrats deserve the thanks. Their policies forced businesses to move to China.
To be fair, Republicans deserve some of the blame as well..
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Old 01-12-2014, 08:34 AM
 
524 posts, read 400,837 times
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On that note, if Wal-mart were a trading partner, it would be China's fifth biggest. We support the Chinese Government here in the USA.
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Old 01-12-2014, 08:35 AM
 
Location: Great State of Texas
86,052 posts, read 84,576,981 times
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Quote:
Originally Posted by lifeexplorer View Post
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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Old 01-12-2014, 08:38 AM
 
Location: Great State of Texas
86,052 posts, read 84,576,981 times
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Quote:
Originally Posted by lowrimol View Post
On that note, if Wal-mart were a trading partner, it would be China's fifth biggest. We support the Chinese Government here in the USA.
And if the US ceased all business with China they would still be strong because they are all over now.



List of the largest trading partners of China - Wikipedia, the free encyclopedia
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