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Foreign trade with EU keeps growing

15 Dec '08
1 min read

From amongst, China's major trading partners, the European Union continued to be China's largest trading partner. In the first 11 months, China-EU bilateral trade was valued at US $392.940 billion, an increase of 22 percent year-on-year.

Over the same period, the United States continued to be China's second largest trading partner, with Sino-US bilateral trade touching $307.82 billion, an increase of 11.6 percent while Japan continued to remain China's third largest trading partner with trade between the two countries reaching $246.230 billion, an increase of 15.2 percent.

In addition, India was China's tenth largest trading partner. In the first 11 months, Sino-India bilateral trade was valued at $48.380 billion, an increase of 41.6 percent, and the fastest growth rate among the top 10 trading partners of China.

Fibre2fashion News Desk - China

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