Asian developing countries' trade with the Americas booms

 World statistics confirm that the developing Asian countries now account for more than 40% of the global GDP for the first time in more than a century. In 2012, developing economies had accounted for 29.9 percent, and they continued to grow considerably faster than advanced economies throughout 2013. Over the longer term, that’s good news for the developed world: The faster poor countries grow, the more they import. The developing world now buys $8.7 trillion worth of global exports each year.