China Eclipses U.S. as Biggest Trading Nation

Feb 10, 2013 | Posted by: Jim R Pickens | Full story: www.bloomberg.com

China surpassed the U.S. to become the world's biggest trading nation last year as measured by the sum of exports and imports, ending the U.S. supremacy in global commerce that emerged after the end of World War II in 1945.

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“Way down, in Columbus Georgia”

Since: Mar 10

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#1
Feb 10, 2013
 

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Another badge Obama can wear with pride.
Obama is authoring the biggest decline in America ever, perfect credit ratings gone, unprecedented unemployment, business closings and economic chaos....all from the imbecile Obama and his complete lack of leadership.
Snowflake

San Francisco, CA

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#3
Feb 10, 2013
 

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Not a surprise, China is rising we are stuck in four wars. We have our nose in many things that we should not. We are making ourselves hated in the world killing ppl with drones ,bombs and missiles.
well

Hamilton, Canada

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#4
Feb 10, 2013
 

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Half of Chinese products are fake and/or poisoned. That's why they're number one.
AZN

Scarborough, Canada

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#5
Feb 10, 2013
 

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well wrote:
Half of Chinese products are fake and/or poisoned. That's why they're number one.
And yet fools like you continue to buy those products.
old china

Chengdu, China

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#6
Feb 10, 2013
 

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well wrote:
Half of Chinese products are fake and/or poisoned. That's why they're number one.
You mean that you have a natural desire to buy fake and poisoned products and China is happy to supply them to you?
RayH

Shenzhen, China

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#7
Feb 10, 2013
 

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Jim R Pickens wrote:
Another badge Obama can wear with pride.
Obama is authoring the biggest decline in America ever, perfect credit ratings gone, unprecedented unemployment, business closings and economic chaos....all from the imbecile Obama and his complete lack of leadership.
Gitmo Bush deserves more credit for this. Obama is just cleaning up his mess.

Anyway, the guy after Obama has to do the handover in 2018, when China becomes the world's largest economy.
Mahoney

Lane Cove, Australia

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#8
Feb 11, 2013
 
Hooray, that news is going to make thieving japan jealous a lot.

Since: Nov 09

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#9
Feb 11, 2013
 

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China is great no doubt about it.
China`s gonna make the leader of the world in a decade.
Smith Station Panthers

Columbus, GA

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#10
Feb 11, 2013
 

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Gitmo Obama deserves most of the credit, he has done a great job in weakening the USA, more that any other President.
Snowflake

San Francisco, CA

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#12
Feb 11, 2013
 
Bush is the worst prez by far, lying about WMDs and killing over 1 million innocent Iraqis made hated by most of the world except Englan and Israel.
atilla the Han

Australia

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#13
Feb 11, 2013
 

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Mahoney wrote:
Hooray, that news is going to make thieving japan jealous a lot.
no, not jealous. it make the japs alot shorter and skinnier. what the japs good at, chinese also very good at. japs will diminish to the background and become china's backwaters again.
Snowflake

San Francisco, CA

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#14
Feb 11, 2013
 

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China is already the #1 nation in the world since 2010 but total domination is 2020 bc our pols in Washington have politics as usual and have not move on.
Linda

Edmonton, Canada

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#15
Feb 11, 2013
 
OK. China has done a good job.

Lets wait & see for impacts.

That doesn't mean the end of the world for USA.

A wealthier China may mean more opportunities for N. America.
AHOY

Brooklyn, NY

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#16
Feb 11, 2013
 

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Sea turtles, homeward bound!
Columbus Native

Oklahoma City, OK

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#17
Feb 11, 2013
 

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The transfer of jobs to China started in the 1980's. Reagan along with Congress took away our tariff laws. Until then if a product was produced outside the USA when it camr into America there was a hefty Tariff. This was a tax to keep American goods competitive with the Third World labor force. Before the 80's you may as well make it in the USA because when it comes to America a heavy tax must be paid. Once you take down this tax that product is much cheaper than you can make it here. This along with Trickle down economics created a society of fewer very wealthy and many very low middle class and poor.
Smith Station Panthers

Columbus, GA

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#18
Feb 11, 2013
 

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Columbus Native wrote:
The transfer of jobs to China started in the 1980's. Reagan along with Congress took away our tariff laws. Until then if a product was produced outside the USA when it camr into America there was a hefty Tariff. This was a tax to keep American goods competitive with the Third World labor force. Before the 80's you may as well make it in the USA because when it comes to America a heavy tax must be paid. Once you take down this tax that product is much cheaper than you can make it here. This along with Trickle down economics created a society of fewer very wealthy and many very low middle class and poor.
That is complete BS. We buy from China as other countries do. Greedy unions and greedy management plus government regulations have made US products over priced worldwide. Add a tariff for US products going into other countries and that's what you get.
Its not rocket science bonehead.
RayH

Shenzhen, China

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#19
Feb 11, 2013
 

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Linda wrote:
OK. China has done a good job.
Lets wait & see for impacts.
That doesn't mean the end of the world for USA.
A wealthier China may mean more opportunities for N. America.
Precisely.
atilla the Han

Australia

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#20
Feb 11, 2013
 

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Columbus Native wrote:
The transfer of jobs to China started in the 1980's. Reagan along with Congress took away our tariff laws. Until then if a product was produced outside the USA when it camr into America there was a hefty Tariff. This was a tax to keep American goods competitive with the Third World labor force. Before the 80's you may as well make it in the USA because when it comes to America a heavy tax must be paid. Once you take down this tax that product is much cheaper than you can make it here. This along with Trickle down economics created a society of fewer very wealthy and many very low middle class and poor.
mr. sweetheart, the chinese took the jobs no one want to do in the states. do you want to make linen towels or christmas toys? the chinese have been keeping the u.s and the rest of the world's inflation low. now the chinese started to outsource those dead end jobs to vietcongs, pinoys, indons, indians etc. the next 30 years, chinese would truly compete head on with the west. good luck for the next 30 years, some of the products may smell like napalm, banana or curry.
atilla the Han

Australia

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#21
Feb 11, 2013
 

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tang dynasty is beckoning.
RayH

Shenzhen, China

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#22
Feb 11, 2013
 

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atilla the Han wrote:
tang dynasty is beckoning.
Han, Tang, PRC. 3 Glorious Ages in China's history.

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