Edition: International | Greek
MENU

Home » Business

EU becomes China's biggest trading partner

By: EBR - Posted: Monday, January 10, 2005

EU becomes China's biggest trading partner
EU becomes China's biggest trading partner

The EU has leap-frogged the US and Japan to become China's biggest trade partner, according to Chinese media.

Officials from the Chinese trade ministry, quoted by the China's People Daily, say that China has also become the EU's second largest trading partner after the US.

In the year up to November, trade volumes between the EU and China reached 159.3 billion dollars - up 34.7 percent on the same period in 2003.

The UK, the Netherlands, France, Germany and Italy are the main trading partners, according to the paper, accounting for 72 percent of Europe's trade with Beijing.

However, disputes between the EU and China remain, including over the ban on Chinese arms sales. The EU also wants greater market access to China.

READ ALSO

EU Actually

China exports more than one million cars per month

N. Peter KramerBy: N. Peter Kramer

In his weekly column, N.Peter Kramer, writes about the contrast between the Chinese success story of exporting more than a million cars in a single month and the deplorable state of the German car industry

Europe

Greece signals fast-track social media ban for minors

Greece signals fast-track social media ban for minors

National plan would ban under-15s from accessing social media

Business

How Much Pressure Can European CEOs Take?

How Much Pressure Can European CEOs Take?

There was a time when the job of the CEO was difficult but relatively clear: grow the business, beat the competition, manage costs, satisfy shareholders, inspire employees and avoid major reputational mistakes. That world has disappeared.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2026. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron