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China to Overtake U.S. As World's Top Trader
Yahoo Finance ^ | January 10, 3024 | Charles Riley

Posted on 01/10/2014 5:35:07 AM PST by lbryce

China is poised to become the world's top trading nation, a position long held by the United States.

China reported Friday that its total trade for 2013 reached $4.2 trillion, a sharp increase over the previous year. It is the first time the world's most populous country has cleared the $4 trillion barrier, a feat accomplished despite lackluster numbers for the final month of the year.

The U.S. has not yet reported trade numbers for December, but China is virtually assured the top ranking.

In the first 11 months of the year, U.S. imports and exports totaled $3.5 trillion, according to the Department of Commerce. To retain the top spot, the U.S. would have to more than double its average monthly performance in December.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: china; economy; trade; us
Let me assure you, that certainly until January, 2017 the the US will retain its number one position of having the world's top traitor.
1 posted on 01/10/2014 5:35:07 AM PST by lbryce
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To: lbryce

2 posted on 01/10/2014 5:42:23 AM PST by cunning_fish
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To: lbryce

Yeah, we sure do. The trade imbalance is because we import all their crap.


3 posted on 01/10/2014 5:44:05 AM PST by b4its2late (A Progressive is a person who will give away everything he doesn't own.)
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To: lbryce
Just how big an edge China might have is difficult to establish. China's trade data is notoriously unreliable, skewed by fake invoices filed to evade capital controls.

Kind of like our govmints fudging of the employment numbers and inflation numbers.

4 posted on 01/10/2014 5:45:50 AM PST by b4its2late (A Progressive is a person who will give away everything he doesn't own.)
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To: lbryce

Once more - just like NAFTA - Bill Clinton’s legacy continues to erode the US economy...then again, the corporations and Republican ran Congress was for opening up trade to China thinking US manufactures and exports was going to bank roll the US...no one ever stopped and asked, “What if the Chinese devalue their money making US goods to expensive for the Chinese people to buy?” “Then what will happen?”

Yeah - kinda like going into Iraq and Afghanistan...no one ever stopped and did a serious evaluation of Islam pissing on democracy and would never end up accepting freedoms like we used to have here in the US....

Politicians never THINK about the consequences and their analysts never go beyond what they are asked to produce...and now the US manufacturing sector has paid for it and Barry isn’t going to do a damn think about it - it’s too above his little socialist brain to understand what needs to be done...China fooled us all!!!


5 posted on 01/10/2014 5:45:59 AM PST by BCW (Salva reipublicae)
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To: lbryce; All

Only to most Economic Anti American Free Trader Communist supporting Free Trade with Communist China would cheer this development

How dare a Free Trader Communist call themselves “Conservative”


6 posted on 01/10/2014 5:46:03 AM PST by SeminoleCounty (Amnesty And Not Ending ObamaCare Will Kill GOP In 2014)
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To: BCW

Correct...however the Bush family...and many GOP agree w Clinton and Obama on Free Trade w Commie China

And, sadly, quite a few on FR agree w Clinton, Obama, Al Gore...etc...on Free Trade. Though, most FReepers are seeing the light now


7 posted on 01/10/2014 5:50:09 AM PST by SeminoleCounty (Amnesty And Not Ending ObamaCare Will Kill GOP In 2014)
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To: BCW
Politicians never THINK about the consequences

Sure they do. They knew what free trade with Red China would do to this country. They planned it that way.

8 posted on 01/10/2014 6:03:49 AM PST by Count of Monte Fisto (The foundation of modern society is the denial of reality.)
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To: lbryce

There are consequences for a nation that forsakes God.

CURSES FOR DISOBEDIENCE

15 However, if you do not obey the Lord your God and do not carefully follow all his commands and decrees I am giving you today, all these curses will come on you and overtake you:

16 You will be cursed in the city and cursed in the country.

17 Your basket and your kneading trough will be cursed.

18 The fruit of your womb will be cursed, and the crops of your land, and the calves of your herds and the lambs of your flocks.

19 You will be cursed when you come in and cursed when you go out.

20 The Lord will send on you curses, confusion and rebuke in everything you put your hand to, until you are destroyed and come to sudden ruin because of the evil you have done in forsaking him. 21 The Lord will plague you with diseases until he has destroyed you from the land you are entering to possess. 22 The Lord will strike you with wasting disease, with fever and inflammation, with scorching heat and drought, with blight and mildew, which will plague you until you perish. 23 The sky over your head will be bronze, the ground beneath you iron. 24 The Lord will turn the rain of your country into dust and powder; it will come down from the skies until you are destroyed.

25 The Lord will cause you to be defeated before your enemies. You will come at them from one direction but flee from them in seven, and you will become a thing of horror to all the kingdoms on earth. 26 Your carcasses will be food for all the birds and the wild animals, and there will be no one to frighten them away. 27 The Lord will afflict you with the boils of Egypt and with tumors, festering sores and the itch, from which you cannot be cured. 28 The Lord will afflict you with madness, blindness and confusion of mind. 29 At midday you will grope about like a blind person in the dark. You will be unsuccessful in everything you do; day after day you will be oppressed and robbed, with no one to rescue you.

30 You will be pledged to be married to a woman, but another will take her and rape her. You will build a house, but you will not live in it. You will plant a vineyard, but you will not even begin to enjoy its fruit. 31 Your ox will be slaughtered before your eyes, but you will eat none of it. Your donkey will be forcibly taken from you and will not be returned. Your sheep will be given to your enemies, and no one will rescue them. 32 Your sons and daughters will be given to another nation, and you will wear out your eyes watching for them day after day, powerless to lift a hand. 33 A people that you do not know will eat what your land and labor produce, and you will have nothing but cruel oppression all your days. 34 The sights you see will drive you mad. 35 The Lord will afflict your knees and legs with painful boils that cannot be cured, spreading from the soles of your feet to the top of your head.

36 The Lord will drive you and the king you set over you to a nation unknown to you or your ancestors. There you will worship other gods, gods of wood and stone. 37 You will become a thing of horror, a byword and an object of ridicule among all the peoples where the Lord will drive you.

38 You will sow much seed in the field but you will harvest little, because locusts will devour it. 39 You will plant vineyards and cultivate them but you will not drink the wine or gather the grapes, because worms will eat them. 40 You will have olive trees throughout your country but you will not use the oil, because the olives will drop off. 41 You will have sons and daughters but you will not keep them, because they will go into captivity. 42 Swarms of locusts will take over all your trees and the crops of your land.

43 The foreigners who reside among you will rise above you higher and higher, but you will sink lower and lower. 44 They will lend to you, but you will not lend to them. They will be the head, but you will be the tail.

45 All these curses will come on you. They will pursue you and overtake you until you are destroyed, because you did not obey the Lord your God and observe the commands and decrees he gave you. 46 They will be a sign and a wonder to you and your descendants forever. 47 Because you did not serve the Lord your God joyfully and gladly in the time of prosperity, 48 therefore in hunger and thirst, in nakedness and dire poverty, you will serve the enemies the Lord sends against you. He will put an iron yoke on your neck until he has destroyed you.

49 The Lord will bring a nation against you from far away, from the ends of the earth, like an eagle swooping down, a nation whose language you will not understand, 50 a fierce-looking nation without respect for the old or pity for the young. 51 They will devour the young of your livestock and the crops of your land until you are destroyed. They will leave you no grain, new wine or olive oil, nor any calves of your herds or lambs of your flocks until you are ruined. 52 They will lay siege to all the cities throughout your land until the high fortified walls in which you trust fall down. They will besiege all the cities throughout the land the Lord your God is giving you.

53 Because of the suffering your enemy will inflict on you during the siege, you will eat the fruit of the womb, the flesh of the sons and daughters the Lord your God has given you. 54 Even the most gentle and sensitive man among you will have no compassion on his own brother or the wife he loves or his surviving children, 55 and he will not give to one of them any of the flesh of his children that he is eating. It will be all he has left because of the suffering your enemy will inflict on you during the siege of all your cities. 56 The most gentle and sensitive woman among you—so sensitive and gentle that she would not venture to touch the ground with the sole of her foot—will begrudge the husband she loves and her own son or daughter 57 the afterbirth from her womb and the children she bears. For in her dire need she intends to eat them secretly because of the suffering your enemy will inflict on you during the siege of your cities.

58 If you do not carefully follow all the words of this law, which are written in this book, and do not revere this glorious and awesome name—the Lord your God— 59 the Lord will send fearful plagues on you and your descendants, harsh and prolonged disasters, and severe and lingering illnesses. 60 He will bring on you all the diseases of Egypt that you dreaded, and they will cling to you. 61 The Lord will also bring on you every kind of sickness and disaster not recorded in this Book of the Law, until you are destroyed. 62 You who were as numerous as the stars in the sky will be left but few in number, because you did not obey the Lord your God. 63 Just as it pleased the Lord to make you prosper and increase in number, so it will please him to ruin and destroy you. You will be uprooted from the land you are entering to possess.

64 Then the Lord will scatter you among all nations, from one end of the earth to the other. There you will worship other gods—gods of wood and stone, which neither you nor your ancestors have known. 65 Among those nations you will find no repose, no resting place for the sole of your foot. There the Lord will give you an anxious mind, eyes weary with longing, and a despairing heart. 66 You will live in constant suspense, filled with dread both night and day, never sure of your life. 67 In the morning you will say, “If only it were evening!” and in the evening, “If only it were morning!”—because of the terror that will fill your hearts and the sights that your eyes will see. 68 The Lord will send you back in ships to Egypt on a journey I said you should never make again. There you will offer yourselves for sale to your enemies as male and female slaves, but no one will buy you.


9 posted on 01/10/2014 6:04:22 AM PST by stars & stripes forever (Blessed is the nation whose God is the Lord.)
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To: stars & stripes forever

The Chinese have ALREADY taken over as the new world leaders. America no longer has “leaders”.


10 posted on 01/10/2014 6:26:41 AM PST by DaveA37
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To: stars & stripes forever

The Chinese have ALREADY taken over as the new world leaders. America no longer has “leaders”.


11 posted on 01/10/2014 6:26:41 AM PST by DaveA37
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To: SeminoleCounty

Well - I guess with the Bush family being neo-conservatives and thinking that democracy will filter into a dominate communist country and it would be 80’s Berlin all over again - didn’t work out...China was prepared for it...no one assessed this???

Now, - they have stolen R&D to all kinds of manufacturing products - building their navy, air force, and ground offensive platforms regardless of how adequate they are - they are leaps and bounds ahead of the game now...

It was like an alien space ship crashed with all the blue prints...why wouldn’t they hack into these advancements...and all the while, the US sits here in this dank dark times and watches as a POTUS is totally oblivious to the survival of this nation...sad....really - really sad that US voters allowed this to happen and are not rioting in the streets demanding heads!


12 posted on 01/10/2014 7:34:27 AM PST by BCW (Salva reipublicae)
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To: lbryce

Both parties are selling out America’s future.

Bring back AMERICAN jobs.

And use tariffs, to present a unified field at home, to rebuild American industry.

America, China is moving into the lead. This is completely unacceptable.

Bring back American jobs.

Now.


13 posted on 01/10/2014 7:36:38 AM PST by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html#2013)
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To: All

And yet these people, USAians, they buy Chinese made products, they allowed/allow USG to enable this huge imbalance of trade with a known communist enemy country, China. We spent trillions of $ to fight wars and resist communism for decades and then begin transferring our weath to them. True is much more interesting than fiction...


14 posted on 01/10/2014 8:01:51 AM PST by veracious
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To: stars & stripes forever

So God is rewarding China?


15 posted on 01/10/2014 9:38:11 AM PST by EEGator
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To: EEGator
“So God is rewarding China?”

Sometimes God uses countries like China to discipline a nation to bring them back to Him.

A good example is the account of Alexander who conquered the Israelites during the time of the Maccabees. The Israelite saw the light and came to their senses.

Did you read the curse the passage of Scripture that was posted where distant countries from far lands and different languages will overtake a nation who turns from God?

16 posted on 01/10/2014 12:05:22 PM PST by stars & stripes forever (Blessed is the nation whose God is the Lord.)
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