McKinsey (June 30)
“As its 250th birthday approaches, the United States holds its place as the world’s most competitive economy. But safeguarding this economic edge means continuing to evolve.” The U.S. had, for example, been “the world’s leading manufacturer just before the 20th century and held the top position for decades. In the past 25 years, however, mainland China’s share has grown exponentially.”
Tags: 20th century, 250th birthday, China, Competitive, Economic edge, Economy, Evolve, Exponentially, Manufacturer, Safeguarding, Top position, U.S., World’s leading
Marketplace (August 31)
“After more than half a century in which the United States boasted a near-lock on being the world’s leading exporter of corn, the distinction has shifted to Brazil…. The reordering of the corn hierarchy follows a similar erosion of U.S. dominance in exports of other staple commodities, like wheat and soybeans, over the last decade or so.”
Tags: Brazil, Corn, Dominance, Erosion, Exporter, Exports, Hierarchy, Reordering, Soybeans, Staple commodities, U.S., Wheat, World’s leading
Washington Post (June 9)
China is now “the world’s leading exporter of automobiles, handily ousting Japan from that position. It is especially strong in electric vehicles. Two of every three EVs made in the world are made in China. As we think about China’s weaknesses these days (and it has several), it is worth remembering China’s formidable strengths and the degree to which it is intertwined into the global economy.”
Tags: Automobiles, China, EVs, Exporter, Formidable, Global economy, Intertwined, Japan, Strengths, Weaknesses, World’s leading
