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China became the world leader in terms of trade
For the first time in history, China is recognized as the world leader in terms of foreign trade, exceeding 4 a trillion dollars and overtaking the United States. At the end of last year, exports and imports of the People’s Republic of China increased by 7,6%.
China's exports rose to $ 2,21 trillion (up 7,9%), while imports rose to $ 1,95 trillion (up 7,3%). China's main trading partners are the EU, the United States, and Asian countries. Beijing pays more and more attention to emerging markets, for example, South Africa, Niger, Guinea and Kenya - the volume of African exports to China in 10 years (by 2011) increased from 5,6 to 93,2 billion dollars a year.
For comparison, on December 1 2013, US exports and imports amounted to 3,57 trillion dollars.