China–the World’s Trade Locomotive

CHINA has overtaken the United States to become the world’s largest goods trading nation.Indeed,since the beginning of the international financial crisis,increases in China’s foreign trade have been larger than those of the United States,EU and Japan combined.Even last year,well after recovery from the trough

CHINA has overtaken the United States to become the world＇s largest goods trading na- tion. Indeed, since the beginning of the inter- national financial crisis, increases in China＇sforeign trade have been larger than those of the Unit- ed States, EU and Japan combined.