China Surpasses Germany.....

[DMikeS4321]

China surges past Germany as the worlds largest export economy.

 

http://www.telegraph.co.uk/money/main.jhtm.../cnchina125.xml

 

I didn't know Germany was ahead!!

[david_dawei]

maybe you need to stop reading western papers for eastern new

[SirLancelot]

China surges past Germany as the worlds largest export economy.

 

http://www.telegraph.co.uk/money/main.jhtm.../cnchina125.xml

 

I didn't know Germany was ahead!!

 

I didn't know Germany was the largest. That is surprising. I would have figured USA, or EU as a combined entity but not Germany as a sole country of Europe. Very interesting.

[david_dawei]

China surges past Germany as the worlds largest export economy.

 

http://www.telegraph.co.uk/money/main.jhtm.../cnchina125.xml

 

I didn't know Germany was ahead!!

 

I didn't know Germany was the largest. That is surprising. I would have figured USA, or EU as a combined entity but not Germany as a sole country of Europe. Very interesting.

I will forgive most for not knowing this.. but you of all people should of know more about this..

 

"Clearly, China will surpass U.S. as the second exporter of goods in the world and then China will surpass Germany to become the first exporter of goods." -- dec. 2006 Bloggernews.net (and in most economic discussions over the last year).

[SirLancelot]

China surges past Germany as the worlds largest export economy.

 

http://www.telegraph.co.uk/money/main.jhtm.../cnchina125.xml

 

I didn't know Germany was ahead!!

 

I didn't know Germany was the largest. That is surprising. I would have figured USA, or EU as a combined entity but not Germany as a sole country of Europe. Very interesting.

I will forgive most for not knowing this.. but you of all people should of know more about this..

 

"Clearly, China will surpass U.S. as the second exporter of goods in the world and then China will surpass Germany to become the first exporter of goods." -- dec. 2006 Bloggernews.net (and in most economic discussions over the last year).

 

I admit I'm a little embarrassed but it just doesn't reconcile. Germany is 82,400,996 (July 2007 est.) population according to CIA factbook.

 

US is over 300 million and Japan is over 127 mil.

 

Germany's economy (GDP) is about 60-70% of Japan's economy.

 

Look at these numbers, who could be faulted to not assume that Germany was the largest exporter?

 

http://en.wikipedia.org/wiki/List_of_count...P_%28nominal%29

 

Germany's GDP is minuscule when compared to the US.

 

Are they talking about a percentage of GDP or absolute dollar amount of exports? I just find it absolutely puzzling how a small country like Germany can have a bigger total export than the US. Perhaps it's all those BMWs, Mercedes and Audis/VWs on our roads.

 

No matter how you slice it, them damn Germans are amazing. Largest exporter in the world.

Edited October 25, 2007 by SirLancelot (see edit history)

[Guest ShaQuaNew]

China surges past Germany as the worlds largest export economy.

 

http://www.telegraph.co.uk/money/main.jhtm.../cnchina125.xml

 

I didn't know Germany was ahead!!

 

I didn't know Germany was the largest. That is surprising. I would have figured USA, or EU as a combined entity but not Germany as a sole country of Europe. Very interesting.

I will forgive most for not knowing this.. but you of all people should of know more about this..

 

"Clearly, China will surpass U.S. as the second exporter of goods in the world and then China will surpass Germany to become the first exporter of goods." -- dec. 2006 Bloggernews.net (and in most economic discussions over the last year).

 

While the world sleeps, China works. There is considerable evidence available that China now leads.

 

China Replaces U.S. As World's Largest Exporter: Trade Imbalances Could Cause Financial Upheaval; MAPI Analyst Implores U.S., IMF To Act Now On China's Yuan

 

BY RICHARD McCORMACK richard@manufacturingnews.com

 

 

China's surging trade surplus this year, driven by continued increases in high-tech exports, "constitutes a major challenge to U.S. global competitiveness," declares the Manufacturers Alliance/MAPI. If the issue is not addressed and the trade imbalance continues to grow -- "like the gallows" -- then "sooner rather than later the markets will trigger the inevitable adjustment, with what will almost certainly be more grim financial reaping," says the analysis prepared by Ernest Preeg, MAPI's senior fellow in trade and productivity.

 

During the first six months of this year, China surpassed the United States as being the world's largest exporter. Only five years ago, the United States exported more than double the amount of China. During the first half of 2006, Chinese exports of manufactured goods reached $404 billion compared to $367 billion in exports by the United States.

 

 

 

http://www.propeller.com/viewstory/2006/09...&frame=true