Beijing Bridge
photo: cepolina.com
China surpasses Germany as the world's top
exporter as its exports have risen in December
to 17.7% over last December, 2008.
December 2008 witnessed exports in China at
Exports from China rose US$130.7 billion, to
give a total of US$1.9 trillion for the period
2009. This figure placed China as the top
exporter over Germany, whose total exports were
in the region of US$1.18 trillion for the year.
This feat by China comes as no real surprise as
it has been involve in stimulus measures for its
economy while the whole world is in a financial
crisis.
In 2009 China also surpassed the United States
as the world's largest car maker.
The European Union remained China's biggest
trading partner in 2009 with a bilateral volume
of US$364 billion, followed by the US and Japan
If these trends are to continue China no doubt
will also surpass the United States as the
world's chief super power.
China has not been selfishly growing and
developing at this tremendous rate on its own,
but has also been throughout the Caribbean
gaining support for itself and its goods and
services by helping the Caribbean to further
develop in these hard economic times.
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