Since 1950’s, Shanghai replaced Guangzhou as China’s foreign trade center and has maintained this lead ever since.

自本世纪 50 年代起，上海取代广州，成了中国的外贸中心，直至今日仍 保持着这一龙头地位。

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Since 1950's, Shanghai replaced Guangzhou as China's foreign trade center and has maintained this lead ever since.

自本世纪50 年代起，上海取代广州，成了中国的外贸中心，直至今日仍保持着这一龙头地位。

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Instead, they will all be made to through a mechanism -- the Inter-Republic Committee -- which even Secretary Madigan acknowledges is a "creature of the central government" and Vneshekonombank (V-Bank), the center's foreign trade bank.

CENTERFORSECURITYPOLICY: Center For Security Policy