Saturday, January 11, 2014

China Is Now The World's Largest Tading Nation



China Surpasses US As World's Largest Trading Nation -- The Guardian

Beijing describes 2013 figures as 'a landmark milestone' as annual trade in goods passes the $4tn mark for the first time

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.

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More News On China Now Being The World's Largest Trading Nation

China to overtake U.S. as world's top trader -- CNN
China says it passes US as world's biggest goods trader -- NBC
China Imports Rise to Help Nation Claim World Trade Crown -- Bloomberg Businessweek
China claims largest trading nation title -- Euronews
China outstrips US as world's biggest goods trader -- CNBC
New titleholder? China says it is world's largest trader -- Linda Yueh, BBC

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