China surpasses the U.S. as the EU's largest trading partner for the first time

China surpasses the U.S. as the EU's largest trading partner for the first time

According to statistics from the Ministry of Commerce of China, in the first seven months of 2020, China surpassed the United States to become the EU's largest trading partner for the first time. From January to July, EU imports from China increased by 4.9% year-on-year, imports from the United States fell 11.7%, exports to China fell 1.8%, and exports to the United States fell 9.9%.

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