China Overtakes US as World's Leading Trade Power: A Two-Decade Transformation

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Firstpost•09-01-2026, 19:18
China Overtakes US as World's Leading Trade Power: A Two-Decade Transformation
- •For decades, the United States was the undisputed leader in global trade.
- •In 2000, US trade was $2 trillion, while China's was $474 billion.
- •By 2024, China's trade reached an estimated $6.2 trillion, surpassing the US at $5.3 trillion.
- •Beijing is now the largest trading partner for most countries in Asia, Africa, and South America.
- •Experts suggest this shift was long anticipated, despite recent tariff and geopolitical tensions.
Why It Matters: China has dramatically surpassed the US to become the world's dominant trading nation.
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