beginner2013 Post time 2017-4-15 12:19:55

China remains as world's largest goods exporter: WTO

http://en.people.cn/NMediaFile/2017/0414/FOREIGN201704140939000191151054580.jpg

China maintained its position as the World's largest goods exporter in 2016, a Ministry of Commerce statement said Thursday, citing data from the World Trade Organization (WTO).

Accounting for 13.2 percent of the world's total in value, China's goods exports topped 2.1 trillion U.S. dollars last year, in contrast to 1.6 trillion dollars in imports, the statement said.

This is the eighth consecutive year China has kept its position as the world's largest goods exporter and the second largest importer.

World goods exports declined 3.3 percent year on year in 2016 to 15.5 trillion dollars, it said.

In 2017, global trade is likely to grow by 2.4 percent year on year despite uncertainties, according to the WTO.

China's exports and imports have leapfrogged in decades of reforms and opening-up, especially after China's entry into the WTO in 2001.

dusty1 Post time 2017-4-16 03:08:20

I wonder for how long since manafacturing is leaving China

emanreus Post time 2017-4-18 16:54:44

dusty1 Post time: 2017-4-16 03:08 static/image/common/back.gif
I wonder for how long since manafacturing is leaving China

Keep wondering...
CSR Sifang America, a subsidiary of China Railway Rolling Stock Corp (CRRC), has been awarded a $1.3 billion contract to supply up to 846 new 7000-series railcars for the Chicago Transit Authority (CTA).

The company said on Wednesday that it will also build a new railcar assembly facility in the Windy City, representing an investment of $40 million, and will generate about 170 jobs.

GhostBuster Post time 2017-4-18 20:34:14

The statistics is precisely correct!
Reason is most countries in the world are under developing stage. China has taken the sole lead responsibility to produce at acceptably price range to help provide their sundries. Had G7 produce these developing countries could not afford to import.

dusty1 Post time 2017-4-20 16:59:02

emanreus Post time: 2017-4-18 16:54 static/image/common/back.gif
Keep wondering...
CSR Sifang America, a subsidiary of China Railway Rolling Stock Corp (CRRC), has ...

We are doing deals with India, now the Indian government is getting cashed up they will mondenise their military to the standard of China or better

emanreus Post time 2017-4-20 18:03:55

dusty1 Post time: 2017-4-20 16:59 static/image/common/back.gif
We are doing deals with India, now the Indian government is getting cashed up they will mondenise  ...

And that's exactly ya problem lad...
war-killing-pain- well,
YOU'RE a pain in the arrrs:D

dusty1 Post time 2017-4-20 18:39:06

emanreus Post time: 2017-4-20 18:03 static/image/common/back.gif
And that's exactly ya problem lad...
war-killing-pain- well,
YOU'RE a pain in the arrrs

You don't like the idea of India having an equal to supirr military ;P
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