GRAND POWER LOGISTICS GROUP INC. V.GPW

China's growth in trade

[monstapeake]

Still waiting for the stats to filter down to our fav company.  glta, peake

Bloomberg announced that China had surpassed the US to become the world's biggest trading nation last year. US exports and imports of goods last year totaled $3.82 trillion, and China's trade in goods during 2012 amounted to $3.87 trillion. The interesting part of this equation is the emergence of the Chinese consumer. While exports still dominate the Chinese economy, imports are increasing at a much faster rate in China. According to Goldman Sachs Group's Jim O'Neill, Germany will probably export twice as much to China by the end of the decade as it does to France. The Chinese consumer is definitely changing the global economy, and will vault China into a much more powerful global position