How China Overtook the U.S. as the World's Major Trading Partner

"

Trading Places: A Global Shift

Today's animation comes from the Lowy Institute, and it pulls data from the International Monetary Fund (IMF) database on bilateral trade flows, to determine whether the U.S. or China is a bigger trading partner for each country from 1980 to 2018.

The results are stark: before 2000, the U.S. was at the helm of global trade, as over 80%of countries traded with the U.S. more than they did with China. By 2018, that number had dropped sharply to just 30%, as China swiftly took top position in 128 of 190 countries."

https://www.visualcapitalist.com/china-u-s-worlds-trading-partner/

Comments

Popular posts from this blog

SNOW BULLY–Better than a Shovel, Easy to Use, Energy Efficient, Cost Effective and Made in the USA

Career Development and Wealth Generation Tool - Book Review: "Deep Work" by Cal Newport

Why We Don't Want to Defund Police - Mexico's Exemplar