Premium Only Content

How the country that shall not be named overtook America
How the country that shall not be named overtook America
#GlobalShift #globaltrade #Chinas2001entryintoWorld
#Chineseinfluence #twoeconomies
How China Overtook the U.S. As the World’s Trade Partner
In 2018, trade accounted for 59% of global GDP, up nearly 1.5 times since 1980.
Over this timeframe, international trade has transformed significantly—not just in terms of volume and composition, but also in terms of the countries that the rest of the world leans on for their most important trade relationships.
Now, a critical shift is occurring in the landscape, and it may surprise you to learn that China has already usurped the U.S. as the world’s most dominant 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.
The
researchers pinpoint China’s 2001 entry into the World Trade Organization as a major turning point in China’s international trade relationships. The dramatic shift that followed is clearly demonstrated in the visualization above—between 2005 and 2010, a number of countries tipped towards Chinese influence, especially in Africa and Asia.
Over time, China’s dominance has grown dramatically. It’s no wonder then, that China and the U.S. have a contentious trade relationship themselves, as both nations battle it out for first place.
A Tale of Two Economies
The United States and China are competitors in many ways, but to be successful they must rely on each other for mutually beneficial trade. However, it’s also the major issue on which they are struggling to reach a common ground.
The U.S. has been vocal about negotiating more balanced trade agreements with China. In fact, a mid-2018 poll shows that 62% of Americans consider their trade relationship with China to be unfair.
Since 2018, both parties have faced a fraught relationship, imposing major tariffs on consumer and industrial goods—and retaliations are reaching greater and greater heights:
One Belt, One Road, One Trade Direction?
China seems to have a finger in every pie. The nation is financing a flurry of megaprojects across Asia and Africa—but one broader initiative stands above the rest.
China’s “One Belt, One Road” (OBOR) Initiative, planned for a 2049 completion, is advancing at a furious pace. In 2019 alone, Chinese companies signed contracts worth up to $128 billion to start Chinese large-scale infrastructure projects in various countries.
While building new highways and ports abroad is beneficial for Chinese financiers, OBOR is also about creating new markets and trade routes for Chinese goods in Asia. Recent research found that the OBOR program’s infrastructure expansion and logistics performance improvements led to positive effects on China’s exports.
Nevertheless, it’s clear the new infrastructure network is already transforming global trade, possibly cementing China’s position as the world’s major trading partner for years to come.
https://www.visualcapitalist.com/china-u-s-worlds-trading-partner/
https://www.bullionvaultaffiliate.com/miwilliam/en
https://godiamond.com/qu79acc/member/millionn-l
https://embracingentrepreneurship.loc...
https://www.shmooze.com/members/9801574
https://24026786.ameriplanopportunity.com/
https://delomahealth.com/?ref=PhktFqBy
https://rumble.com/user/miwilliam
https://wjaroske.morehomeincome.com
https://herbacap.com/?ref=dRrpZtNu
https://www.dumbexperts.com
#workathome #workathomemoms #businessopportunities #extraincome #incomeopportunity #homebasedbusiness #homebusiness #homeworkers #networkmarketing #affiliatemarketing2022 #johnmaxwell #affiliatemarketing #mindset #motivation #entrepreneurship #financialeducation #debtfreedreams #savingmoneytips #debtpayoff #financegoals #personalfinances #financialsuccess #debtfreegoals #financialpeace #debtfreedom
-
LIVE
Caleb Hammer
46 minutes agoThe Internet's Biggest Freak | Financial Audit
107 watching -
LIVE
MYLUNCHBREAK CHANNEL PAGE
2 hours agoErasing History?
452 watching -
1:13:06
Dear America
3 hours agoWhat Would WWIII ACTUALLY Look Like… It Looks Like NUCLEAR WAR!
96.1K139 -
LIVE
PudgeTV
4 hours ago🟠 Gaming on Rumble | Star Wars Battlefront 2 | Story Campaign or Online Play?
892 watching -
LIVE
Badlands Media
8 hours agoBadlands Daily: June 18, 2025
4,863 watching -
34:25
Randi Hipper
1 hour agoCRYPTO BILL, GENIUS ACT PASSES THE SENATE! LATEST BITCOIN NEWS
2K7 -
1:03:34
Greg Hunter's USAWatchdog.com
11 hours agoNeocons Dragging Trump into WWIII – Martin Armstrong
17.1K19 -
Matt Kohrs
9 hours agoFOMC DAY MARKET CHAOS || The MK Show
22.3K8 -
LIVE
Wendy Bell Radio
6 hours agoThe Clock Is Ticking
8,071 watching -
LIVE
FyrBorne
14 hours ago🔴Warzone Sniping: The Fight Vs Cheaters Continues (Where is Ricochet?)
37 watching