Monday, January 11, 2010

China Trade Rebound Aids Global Recovery as Imports Climb 56%

http://www.bloomberg.com/apps/news?pid=20601087&sid=apC5ThWF7_ig&pos=1

China surpassed Germany in 2007 to become the third-largest economy and is forecast to overtake Japan this year, assuming the No. 2 spot behind the U.S.

Germany shipped 734.6 billion euros ($1.05 trillion) of exports in the first 11 months of last year, the Federal Statistics Office said Jan. 8. That compared with China’s $1.07 trillion over that period.

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