Report from Germany and Switzerland Claimed
China to be World Export Champion in 2009

2008-07-01
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As reported by Deutsche Welle, Denkfabrik Prognos was recently entrusted by German Business Daily to conduct a research report, which indicated that in the next few years Chinese shares in the global trade would increase considerably and would replace Germany to become the world largest exporter in 2009. On top of that, the shares of India and other new industrial countries in Asia in the global trade will also rise incredibly. The research also revealed that in the next several years the global trade pattern would be reshuffled. Though the current ratio of Asian area in the global export is only 28% but by 2015 there will be as much as 35% exported commodities in the world coming from this area, among them the export of China and India will be tripled. Also in the report, German export before 2015 will still increase with average annual growth rate of 5% and until 2015 the export ratio in GNP will rise to 44%, doubled than that of 90s of last century.