China to become a global export "champion"

2010年02月10日12:26 FT网
　　　　China overtook Germany last year to become world export champion, official figures have confirmed.Meanwhile Germany can take comfort from a surprisingly strong rebound in exports at the end of last year. erman goods exports fell by 18.4 per cent compared with the previous year. Overall, German exports last year were equivalent to $1,121.3bn (€816.3bn, £717.6bn) which compared with the $1,201.7bn exported by China. owever, it is not clear yet if the rebound reflects restocking by customers in Europe or if it is the result of recovering demand from consumers. haeologists in the Valley of the Kings in 1922, causing an international sensation.He had said the results of the studies would also help in identifying the mummy of queen Nefertiti.

my opinion
China has take the position of Germany in its global export rank, this can treat as a turning point of Chinese economic development, but there is still a long way to go for Chinese people, China now mainly exports some low level products, it might be quite impressive about there are things which "Made in China" everywhere, but to change these low value products into the high value products which close to the Germany style, It might has to take decades to do that.