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China's exports to USA, Europe at 49.9%

Name: Anonymous 2012-02-22 21:38

China's exports are above 36% of total exports today
32 years ago, China was at 1%, which is not bad.

http://www.chinapro.ru/rubrics/2/7551/

In the mid 80's, China moved from exporting raw materials to exporting finished products. In the 90's, from light and textile industries to electrotechnical products. In the 2000's, share of high-tech products increased, most important being electronic and informational technologies. In 2005, almost half of exports of China was machinery and electrotechnical products (including appliances), with textile and metallurgical products ranking second and third (14.3% and 8.8%).

Name: Anonymous 2012-02-22 21:39

2011 became the year of shifted priorities. Now, shipments to Europe, USA and Hong Kong fell by 1% and are now 49.9% of exports from China. At the same time, exports to other markets increased to 56.3% of total exports volume.

(So, this means that even if American consumers can no longer afford to pay for products with their paper, China won't get hit very hard)

In 2011, comparing to 2010, China increased exports of cars by one half. Cars are shipped to 190 countries, most of them to Russia, Brazil, Iran.

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