China Surpasses U.S. Manufacturing to Become World's Largest Producer
In March, China accounted for 19.8 percent of all of the world's manufacturing, compared to 19.4 percent for the United States, making it the largest manufacturer in the world. It was the first time any nation surpassed the U.S. in the post-war period. It was the first of many signs in 2011 of China's burgeoning economy. Despite producing more as a nation, it was revealed that China's proportion of manufacturing was larger than any other country, while U.S. workers were "generating eight times the value per person than China's."
- Companies:
- Gold Bond
- Points Of Light
Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.