China surpasses U.S. as global trader

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Monday, December 03, 2012

In five years, China has surpassed the United States as a trading partner for much of the world.

As recently as 2006, the U.S. was the larger trading partner for 127 countries, versus just 70 for China. By last year the two had clearly traded places: 124 countries for China, 76 for the U.S.

In the most abrupt global shift of its kind since World War II, the trend is changing the way people live and do business from Africa to Arizona, as farmers plant more soybeans to sell to China and students sign up to learn Mandarin.

Read more at OregonLive.com.

{biztweet}china u.s.{/biztweet}

 

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