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Germany loses top exporter crown to China (AP)

February 9, 2010 by Muhammad Qasim · Leave a Comment 

Germany loses top exporter crown to China
(AP)

FILE - In this June 3, 2009 file photo containers are loaded at a terminal of the 'Hamburger Hafen und Logistik AG' (HHLA) in the harbor of Hamburg, northern Germany. German exports tumbled by nearly one-fifth last year, the biggest fall for 60 years and one that officially knocked the country off its perch as the world's top exporter, government data showed Tuesday Feb. 9, 2010. (AP Photo/Fabian Bimmer, File)AP – Germany’s multi-year reign as the world’s No. 1 exporter is officially over, with the crown formally passing to rising Asian power China after new figures showed that German exports slid by nearly a fifth in 2009, the biggest decline in 60 years.

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Germany loses top exporter crown to China
(AP) | Germany loses top exporter crown to China
(AP)

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