China overtakes US in world trade
Combined total for imports and exports of Chinese goods hits $3.87tn, edging past the US for the first timeChina has become the world's biggest trading nation in goods, ending ending the post-war dominance of the US, according to official figures.China's customs administration said the combined total for imports and exports in Chinese goods reached $3.87tn (£2.4tn) in 2012, edging past the $3.82tn trade in goods registed by the US commerce department.The landmark total for Chinese trade indicates the extent of Beijing's dependence on the rest of the world to generate jobs and income compared
...
Read More
Tags:
China overtakes US in world trade,
China Latest News