China overtakes Germany as biggest exporter

[StarfarerBill]

Source: Associated Press

BEIJING – China overtook Germany as the world's top exporter after December exports jumped 17.7 percent for their first increase in 14 months, data showed Sunday, in another sign of China's rise as a global economic force.

Exports for the last month of 2009 were $130.7 billion, data from the General Administration of Customs showed. That raised total 2009 exports to $1.2 trillion, ahead of the 816 billion euros ($1.17 trillion) for Germany forecast by its foreign trade organization, BGA.

China's new status is largely symbolic but reflects the ability of its resilient, low-cost manufacturers to keep selling abroad despite a slump in global consumer demand due to the financial crisis.

Read more: http://news.yahoo.com/s/ap/20100110/ap_on_bi_ge/as_china_trade

[endless october]

1. cheap imported goods.

funny how they end up being so expensive in the long run.

[onehandle]

2. China is on track to be the only superpower within three decades or less.

We are on track to be a third world country.

[izquierdista]

3. If they don't poison themselves first

[fascisthunter]

4. economics is never everything

China has destroyed itself to become the greatest exporter... the amount of destruction on their environment is sad.

A true test of love for country is when leaders decide to protect their country in every possible way, and not destroy it to become powerful. That "power" is not a nation, it's just power, separate from true love for one's nation. How you treat every facet of your nation is the true test to national pride.

[Name removed]

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