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Aug-2014

China “Supremacy”

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# When you total up all imports and exports, China is now the number one trading nation on the entire planet.

# Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.

# China has more foreign currency reserves than anyone else on the planet.

# China now has the largest new car market in the entire                        world.

# China now produces more than twice as many automobiles as the United States does. After being bailed out by U.S. taxpayers, GM is involved in 11 joint ventures with Chinese companies.

# China is the number one gold producer in the world.

# uniforms for the U.S. Olympic team were made in China.

# 85% of all artificial Christmas trees the world over are made in China.

# The new World Trade Center tower in New York is going to include glass imported from China.

# China now consumes more energy than the United States does.

# China is now in aggregate the leading manufacturer of goods in the entire world.

# China uses more cement than the rest of the world combined.

# China is now the number one producer of wind and solar power on the entire globe.

# China produces 3 times as much coal and 11 times as much steel as the United States does.

# China produces more than 90 percent of the global supply of rare earth elements.

# China is now the number one supplier of components that are critical to the operation of any national defense system.

# In published scientific research articles China is expected to become number one in the world very shortly.

And what we have seen so far may just be the tip of the iceberg. For now, I will just leave you with one piece of advice – learn to speak Chinese.  You are going to need it!

 

Source: June 8, 2013. Source: Michael Snyder

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