China is now the world's largest exporter, according to the Associated Press.  Already the biggest auto market and steel maker, China edged past Germany in 2009 to become the world's top exporter, yet another sign of its rapid rise and the spread of its economic power. How does China continue to push ahead of its competition?  Very simple:  

"Part of China's export success is based on currency controls and improper subsidies that give its exporters an unfair advantage against foreign rivals."

China continues to engage in numerous forms of unfair trade, despite protests from the EU, Japan, WTO, and U.S.:

Beijing keeps its currency, the yuan, undervalued. Beijing broke the yuan's link to the dollar in 2005 and it rose gradually until late 2008, but has been frozen since then against the U.S. currency in what economists say is an effort by Beijing to keep its exporters competitive.

Until China is coerced into following the rules of world trade, it will continue to cheat its way to the top. Read more.