Trade with china
![Picture](/uploads/9/2/2/2/92222564/chinaaus_orig.jpg)
China is a rapidly growing country with a massive trading history. China is the home to many of the world's largest manufactories. In their growing industrial market they are becoming the home for many overseas companies. In Australia there has been a massive growth in companies moving to China in the past five years. Many companies Import their products from China because the price is so much cheaper due to better resources and employees. As China Export many products, some Australians back home are suffering. This is because the loss of industrial jobs that have been replaced in China. So while the many companies are happy with their partnership with China, somebody is having to deal with the misfortune.
There are many other countries in the world that trade with China, and here are the top ten.
1. US - 521 Billion USD
2. Hong Kong - 401 Billion USD
3. Japan - 312.55 Billion USD
4. South Korea - 274.24 Billion USD
5. Taiwan- 197.28 Billion USD
6. Germany - 161.56 Billion USD
7. Australia - 136.37 Billion USD
8. Malaysia - 106.07 Billion USD
9. Brazil - 90.27 Billion USD
10. Russia - 89.21 Billion USD
Fun Facts
- There is 1903380 factories in China
- The lowest pay in China is 11 yuan per hour in China ($2.13 AUS)
- Ancient China exported Tea, Salt, Sugar, Porcelan and spices
- Ancient China imported Cotton, Gold, Ivory, Wool and Silver
- There is a Free Trade Agreement with China and Australia called CHAFTA (China Australia Free Trade Agreement). It was made on the 20 December 2015.
There are many other countries in the world that trade with China, and here are the top ten.
1. US - 521 Billion USD
2. Hong Kong - 401 Billion USD
3. Japan - 312.55 Billion USD
4. South Korea - 274.24 Billion USD
5. Taiwan- 197.28 Billion USD
6. Germany - 161.56 Billion USD
7. Australia - 136.37 Billion USD
8. Malaysia - 106.07 Billion USD
9. Brazil - 90.27 Billion USD
10. Russia - 89.21 Billion USD
Fun Facts
- There is 1903380 factories in China
- The lowest pay in China is 11 yuan per hour in China ($2.13 AUS)
- Ancient China exported Tea, Salt, Sugar, Porcelan and spices
- Ancient China imported Cotton, Gold, Ivory, Wool and Silver
- There is a Free Trade Agreement with China and Australia called CHAFTA (China Australia Free Trade Agreement). It was made on the 20 December 2015.