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China: The rise of a trade titan

 

China is perhaps one of the most unprecedented stories of economic development in recent history.  In the last 25 years, the country’s economy rapidly expanded, lifting more people out of poverty than anywhere else in the world.

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China, Asia to fill bulk of surging US demand for goods in 2021 as global trade rebounds from coronavirus, WTO says

 

The United States and the rest of North America will be the biggest importers of goods this year, while China and other Asian economies will lead the way in supplying them, the World Trade Organization (WTO) said.

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There Aren’t Enough Containers to Keep World Trade Flowing

 

The availability of cargo containers at Hamburg, Rotterdam and Antwerp in Europe and Long Beach and Los Angeles in the U.S. are at the lowest levels recorded.