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For The First Time, China Surpassed The United States As The Largest Trading Partner Of The EU
In the first seven months of 2020, China surpassed the United States as the largest trading partner of the EU for the first time. From January to July, EU imports from China increased by 4.9%, imports from the United States decreased by 11.7%, exports to China decreased by 1.8%, and exports to the United States decreased by 9.9%.
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