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US still world's biggest manufacturer but China gains

The United States remains the world's largest manufacturing nation even as China gains ground, according to a new study.

The survey released Tuesday by the US-based Manufacturing Institute with the Manufacturers Alliance showed that the US share of global manufacturing value has held at 22 percent in 2008, roughly the same level for nearly 30 years.
China's share last year was 14 percent, continuing a surge from its 1980 level of just two percent, according to the study using data from the United Nations, International Monetary Fund and other sources.

Source:The Raw Story

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