HOME | SN-BRIEFS |
SYSTEM OVERVIEW |
EFFECTIVE MANAGEMENT |
PROGRESS PERFORMANCE |
PROBLEMS POSSIBILITIES |
STATE CAPITALS |
FLOW ACTIVITIES |
FLOW ACTORS |
PETER BURGESS |
SiteNav | SitNav (0) | SitNav (1) | SitNav (2) | SitNav (3) | SitNav (4) | SitNav (5) | SitNav (6) | SitNav (7) | SitNav (8) |
Date: 2024-04-20 Page is: DBtxt001.php txt00020632 |
Trade | ||
Burgess COMMENTARY Peter Burgess | ||
Original article:
https://www.visualcapitalist.com/chinas-economy-40-years-of-soaring-exports/
China’s Economy: 40 Years of Soaring Exports Published on June 16, 2021 The rise of a trade titan Share of global exports of goods (%), leading economies, 1978-2020 Animated Chart: 40 Years of Soaring Exports in China 2020 Germany 7.8 USA 8.1 Japan 3.6 France 2.8 Netherlands 3.8 China 14.7 Korea, Rep. 2.9 Hong Kong (China) 3.1 Italy 2.8 Belgium 2.4 2001: China joins the World Trade Organization Chart: Carlos Razo based on UNCTADStat • Data at 6 April 2021 China has the second highest GDP in the world, and it exports 15% of all the world’s goods. But how did this come to be? A mere 40 years ago, China’s economy was in an entirely different situation, making up less than 1% of global exports and still in the infancy stages of building its economy. The above animated chart from the UNCTAD showcases China’s rise to global trade dominance over time. Timeline: The Rise to Power The China of the mid-20th century looks remarkably different when compared to the modern-day nation. Prior to the 1980s, China was going through a period of social upheaval, poverty, and dictatorship under Mao Zedong. The 1970s Beginning in the late 1970s, China’s share of global exports stood at less than 1%. The country had few trade hubs and little industry. In 1979, for example, Shenzhen was a city of just around 30,000 inhabitants. In fact, China (excluding Taiwan* and Hong Kong) did not even show up in the top 10 global exporters until 1997 when it hit a 3.3% share of global exports. Year Share of Global Exports Rank
| The text being discussed is available at | https://www.visualcapitalist.com/chinas-economy-40-years-of-soaring-exports/ and |
SITE COUNT< Blog Counters Reset to zero January 20, 2015 | TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends. TVM is a 'big idea' that has the potential to be a game changer. The goal is for it to remain an open access initiative. |
WE WANT TO MAINTAIN AN OPEN KNOWLEDGE MODEL | A MODEST DONATION WILL HELP MAKE THAT HAPPEN | |
The information on this website may only be used for socio-enviro-economic performance analysis, education and limited low profit purposes
Copyright © 2005-2021 Peter Burgess. All rights reserved. |