China Shipping arrives at the Hanjin terminal in Busan.
China’s annual trade in goods passed the $4 trillion mark for the first time in 2013, official data showed Friday, confirming its position as the globe’s biggest trading nation.
Reports last February said the United States’ total trade in goods was lower than China’s in 2012, but Customs said due to differences in calculation methods the change happened for the first time in 2013 — although full US data for the year has yet to be released.