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Foreign trade with EU keeps growing

15
Dec '08
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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