China to overtake U.S. as world’s top trader

China is poised to become the world’s top trading nation, a position long held by the United States.

China reported Friday that its total trade for 2013 reached $4.2 trillion, a sharp increase over the previous year. It is the first time the world’s most populous country has cleared the $4 trillion barrier, a feat accomplished despite lackluster numbers for the final month of the year.

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Charles Riley and Fing Ke, CNN Money via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/9CDHWuja4Kk/