China to Become the Global Largest Export Country
Post Date: 20 Aug 2009 Viewed: 718
The prediction of the latest World Trade Report 2009 issued by WTO holds that in 2009, the global trade volume will decline 10%, with the decline degree higher 9% predicted in March, and simultaneously, China will surpass Germany to be the largest commodity export country across the globe.
The World Investment Report 2009 issued by the UN Trade and Development Conference on the same day pointed out that developing countries, especially the countries in East Asia and Southeast Asia, which are the destination of foreign direct investment are more attractive than developed countries. China that has gained 8% growth in GDP in the second quarter is the first choice of destination of FDI.