FT – China and US battle for trade leadership

Chinese exports increased by 4.3 per cent in December compared to the same month last year, while imports rose by 8.3 per cent. That gave China a total of $4.16tn in combined exports and imports in 2013, a figure that the US will find difficult to match. This leaves no doubt that China, the world’s second-biggest economy, is now the world’s biggest trading nation on an annual basis. (Read more… http://blogs.ft.com/ftdata/2014/01/10/china-and-us-battle-for-trade-leadership/)

 

(English, Article, 2014)

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