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Thread: China might become world's biggest exporter this year!
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[quote=GARYKINKADE,304596]China might replace Germany as the worlds biggest exporter providing that China can maintain a lower cost per unit because of lower labor costs or offer a greater variety of goods to export. However, to maintain or increase China's % of export volume may be rather difficult to maintain as the increase in the cost of oil will hamper the economies of Europe, U.S. and other countries that are importing the Chinese goods. And right now the U.S. economy is sick, and it just doesn't have a cough....it's got pneumonia.[/quote]
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