China Overtakes US As Top Manufacturer
The tsunami that nobody noticed was the flood of Chinese manufacturing goods.
The tsunami that nobody noticed was the flood of Chinese manufacturing goods.
Bottom Line: The U.S. is still the world’s largest manufacturer. U.S. factories produced almost twice as much output in 2007 as China, and the U.S. produced an amount equivalent to the total manufacturing output of the four BRIC countries combined (Brazil, Russia, India and China).