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IPFS News Link • China

Chinese Communist Party Replaces US As Europe's Top Trading Partner

•, Natalie Winters

Between Jan. and Dec. 2020, euro area goods exports fell 9.2% year-on-year, while imports fell 10.8% compared with the same period in 2019," a summary of the findings notes.EU exports to the communist country grew by 2.2 percent and imports from China grew by 5.6 percent in 2020. In contrast, EU exports to the US fell by 8.2 percent and imports from the US by 13.2 percent.