Trade Data Show How China’s Growth Is Reshaping The World Economy

Friday, March 11, 2011 07:41
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Trade Data Show How China’s Growth Is Reshaping The World Economy

In just 10 years China has gone from a minor trading presence on the world stage to the biggest trading partner for six of the Group of 20 nations.

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China’s emergence as a major trading force is altering other nation’s economies and affecting world currencies.


From Australia to Brazil, policymakers are confronting new challenges posed by China’s ascendancy, according to this article in the Wall Street Journal.


Forbes magazine’s annual list of the world’s billionaires reflects the changes as well, as most of the new names on the list come from China and other emerging nations.
 

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