First time in centuries China has overtaken the US as the world’s biggest trading nation, with total trade standing at $4.16 trillion in 2013.
According to research the world’s second-largest economy has grown its exports by 7.9 percent to $2.21 trillion, while imports increased by 7.3 percent to $1.95 trillion, bringing the total trade to $4.16 trillion, up 7.6 percent from 2012.
United State is scheduled to release its full-year figures in February, but its trade for the first 11 months from January to November totaled just $3.57 trillion, making China potentially the world’s biggest trader.
According to information; In December 2013, Chinese trade increased to a record monthly high of $390 billion, with $208 billion in exports, a 4.3 percent increase from 2012, and $182 billion in imports, up 8.3 percent year on year.
Now China Become World’s Top Trading Country China Left Behind United States
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