America’s global economic dominance seems to be slipping away for the first time since the end of World War II. According to the US Commerce Department, China surpassed the US in import and exports in 2012. Many economic experts believe that China will become the world’s economic super power by 2030 and claim this is just the first step in the process. Gerald Celente, publisher of The Trends Journal, gives us his take on China’s role in the global economy.
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Duration : 0:5:49