After World War II, it was the peak period of American industry, but this figure never exceeded 1.5%; the Japan that terrified Americans in the 1980s had a peak of only about 0.8%.
China's current manufacturing trade surplus is more than twice the peak of Japan back then.
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After World War II, it was the peak period of American industry, but this figure never exceeded 1.5%; the Japan that terrified Americans in the 1980s had a peak of only about 0.8%.
China's current manufacturing trade surplus is more than twice the peak of Japan back then.