China Becomes the World’s Leading Trader
China became the biggest trader of goods in the world for the first time last year, overtaking the U.S. According to figures released by Beijing on Friday, the value of China’s imports and exports in 2013 reached $4.16 trillion. This will almost certainly surpass the American figure, which won’t be released until February — but seeing as U.S. goods traded from January to November 2013 amounted to $3.57 trillion, there is little likelihood it will be higher than China’s.
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