China, not the United States, is now Europe s biggest trading partner for goods CNN 2/17/2021 By Julia Horowitz, CNN Business © Jiang Hongjing/VCG/Getty Images CHENGDU, CHINA - FEBRUARY 01: Aerial view of containers sitting stacked at Chengdu International Railway Port on February 1, 2021 in Chengdu, Sichuan Province of China. (Photo by Jiang Hongjing/VCG via Getty Images)
Europe is now trading more goods with China than the United States, a sign of how the pandemic is transforming the global economy.
Data released this week by the European Union s statistics service attributed the shift to a 5.6% increase in imports from China in 2020 and a 2.2% increase in exports. Meanwhile, there was a significant drop in trade with the United States, with imports plunging 13.2% and exports falling 8.2%. The overall value of EU-China goods trade last year was €586 billion ($706 billion), about €31 billion ($37 billion) more than between the European Union and th
Cross-border e-commerce gains traction aboard China-Europe freight trains--China Economic Net
en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
Cross-border e-commerce gains traction aboard China-Europe freight trains - Buz & Tech News
sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.