> > The EU is the biggest trading bloc in the world.
> That recently changed:
Both of those are by population and not by GDP.
GDP measures buying/negotiating power. ASEAN is _tiny_.
The US is still top of the heap.
Both of those are by population and not by GDP.
GDP measures buying/negotiating power. ASEAN is _tiny_.
The US is still top of the heap.
That was my point - that China can just focus on trading with other Asian countries and be well. Especially if they someday manage to add India ($2.7T) to the mix.