E ' the end of a record that lasted 150 years the United States have been undermined by China as the first country manufacturing the world for production volume . The verdict - issued by the American consulting company IHS Global Insight - is captured by two numbers: in 2010, Beijing has contributed to the 19.8% global production, compared with 19.4% of United States. For the economic historian Robert Allen of Nuffield College, Oxford "closes a cycle statement over 500 years." Despite the desire of the Dragon recalibrate growth by focusing on domestic consumption, exports remain the engine of the Chinese . Today The dragon is the largest trading partner of six G20 countries (Australia, Japan, Korea, India, Russia and South Africa) and snatched the seventh (Brazil) to the U.S..
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