China is THE globalizing/shrink-the-Gap force today
Friday, July 30, 2010 at 12:09AM
Thomas P.M. Barnett in China, Citation Post, global economy

Cool series of global trade charts from Bloomberg Businessweek.  One in particular shows the growth in Chinese exports to regions over the past decade.  Seventy-two percent increase to Europe, 410% to North America, 593% to rest of Asia (to include Persian Gulf), 1800% to Africa and 2133% to LATAM.

Corporate exposure to China, in terms of how much of their revenue comes from China:  Siemens and Boeing only around 7-8%, but Intel at 17%, Yum Brands (like KFC) at 34%, and major mineral companies like Valle and Billiton in the range of 20%.

Top US export by far to China is soybeans at almost $10B.  Would seem to account for the vast fields I see all over central Indiana.  Semiconductors second place at $5B.

Most fascinating to me, the huge upticks in Chinese exports to Gap countries over the past decade, clearly marking China as THE globalizing force on the planet today.

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