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

An as usual divided EU is looking for a more assertive China strategy

N. Peter KramerBy: N. Peter Kramer

In his weekly column, N. Peter Kramer writes about the laborious efforts of the EU member states to find a more assertive China strategy.

Europe

EU’s Vietnamese Heart: Why ASEAN Centrality Has Become Brussels’ New Strategic Compass

EU’s Vietnamese Heart: Why ASEAN Centrality Has Become Brussels’ New Strategic Compass

More than a year into the second Trump presidency, a quiet truth has hardened into strategy: Europe entered this era of geopolitical turbulence less exposed than almost anyone predicted—not because it stood still, but because it spent the disruption building doors elsewhere.

Business

Hotpot, bubble tea and sportswear: China’s new exports take on the world

Hotpot, bubble tea and sportswear: China’s new exports take on the world

Step into pretty much any shopping mall in Singapore and you’re likely to find queues snaking outside shops with catchy names and bright-coloured branding.

MARKET INDICES

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