China Surpasses USA As Largest Exporter

The Hamiltonian degeneration continues apace, and we can cheer a return to USA as the best country in the world when this is over. In the meantime, the world reorganizes...



According to the Financial Times article...

WTO economists are also sceptical about how long emerging developing countries that have spearheaded global growth “can maintain a strong pace in the face of sluggish demand in major developed markets and rising inflationary pressures.”

Well, as long as freedom spreads it can be sustained...


Meanwhile, trade in commercial services, boosted by big increases in transport and travel services, last year increased by 18 per cent to $3.3 trillion, said the WTO.

Germany, China, the rest of the world... USA contributed to that, but mostly sending things to Iraq...

Another stellar performance by China, which recorded a 26 per cent rise in its merchandise exports to $1.2 trillion, enabled it to surge ahead of the US to be ranked the world's second biggest exporter and is breathing down the neck of top-placed Germany.

Attaboy!

The UK's decline in recorded exports of 3 per cent to $436 billion, associated with fraudulent VAT declarations, pushed it down one slot to eighth place behind Italy.

I was convincingly informed once that the UK pays lip service to USA hegemony, but actually does as it will...

He said that the best way to reinforce the global trading system would be to conclude the Doha global trade talks, which were launched in November 2001.

You mean the best way to protect the rich from the poor...

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