China overtakes the U.S as EU’s biggest trading partner for the first time
China has surpassed the U.S. as the European Union’s largest trading partner according to 2020 figures released by Eurostat – EU’s leading statistical agency. The change occurred after the COVID-19 pandemic and Brexit caused trade with the bloc’s other main partners to decrease. Over the past year, EU exports to China increased by 2.2 percent, […]