China Becomes Europe’s Main Trading Partner
China officially beat out the United States to become Europe’s number 1 trading partner. MSN reported:
European Union exports to China grew by 2.2% last year and imports rose by 5.6%. In comparison, exports to the U.S. dropped by 8.2% and imports fell by 13.2%. The latest figures, released Monday by Eurostat, showed that China now has an even bigger role in how European economies perform.
