5 Giant Steps to Becoming the 3rd Largest Trading Nation in the World
China has taken huge steps in its economy. Duh!?
China is now the third largest trading nation in the world with $2.17 trillion in imports and exports. That's a 'T.'
1. In the past five years, China's economy grew 65.5% – 10.6% per year. China now has the world's fourth largest economy.
2. China's GDP reached $3.425 trillion last year. Another 'T.'
3. Government revenue reached $712 billion – up 171% in five years.
4. Forex reserves topped $1.52 trillion – yeah, another 'T.'
5. Grain output rose four years in a row because an old agricultural tax was scrapped.
China, like the energy bunny just keep on going, going…um, growing, growing.
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