California Exports in 2010 Surge 19.3 percent over Dismal 2009 Airborne shipments of high-value products and California's position as an international trade hub helped Golden State exporters claw their way back to pre-recession levels in 2010. California's $143.3 billion in merchandise exports last year represented a 19.3 percent gain over $120.1 billion in 2009, a dismal year when the recession hit trade the hardest. Sacramento Bee, February 12, 2011
Trade and Monetary Issues Top Agenda at G-20 Developed economies still recovering from the financial crisis are looking for ways to regain momentum as the global economy shifts in favor of China and other emerging markets. That task will be high on the agenda when finance ministers of the Group of 20 leading economies meet here this week. New York Times, February 15, 2011
China Replaced Japan in 2010 as No. 2 Economy Japan’s economy contracted in the fourth quarter when compared with the previous three months, though analysts are optimistic about the country’s prospects for the rest of the year. New York Times, February 14, 2011
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