WHEN China surpassed Germany in 2009 to become the world＇s largest exporter. Chinese lead- ers were quick to downplay the significance of this milestone by pointing out that German exports were typically composed of ...WHEN China surpassed Germany in 2009 to become the world＇s largest exporter. Chinese lead- ers were quick to downplay the significance of this milestone by pointing out that German exports were typically composed of higher-value goods. This was a clear statement that China would not be content with just exporting large amounts of low-value goods. Its maturing domestic economy coupled with increasing global competition means the ＂factory of the world＂ can no longer sustain producing only low value-added products.展开更多
文摘WHEN China surpassed Germany in 2009 to become the world＇s largest exporter. Chinese lead- ers were quick to downplay the significance of this milestone by pointing out that German exports were typically composed of higher-value goods. This was a clear statement that China would not be content with just exporting large amounts of low-value goods. Its maturing domestic economy coupled with increasing global competition means the ＂factory of the world＂ can no longer sustain producing only low value-added products.
