China became Europe's largest trading partner, surpassing the United States

Brussels, Ta. Monday, February 15, 2021

China has become the largest trading partner of the European Union, surpassing the United States. In 2020, China's trade with Europe was 711 billion. In contrast, Sino-US trade reached 67 673 billion. That's વેપ 38 billion in trade between the European Union and China.

The European Union and the United States have been partners on all issues. The US-Europe alliance is also in trade. But in the Corona year of 2020, China overtook the United States. Eurostat, the European Union's statistics agency, released the details.

China's dominance in the world is increasing but Europe-America is excluding from it. China's trade growth figures are the same year. But if China continues to move in this direction, there is no doubt that its influence on the world will increase. European goods, especially automobiles and luxury products, are widely sold in China. In 2020, Europe's exports to China increased by 2.2 percent.