China overtakes the US to become EU's biggest trade partner as Beijing's economy continues to boom p

[loyola llothta]

8 December 2020
China Overtakes the US to Become EU’s Biggest Trade Partner as Beijing’s Economy Continues to Boom Post-COVID while the Rest of the World Slides into the Red
By AFP, AP and Sam Blanchard


China has overtaken the U.S. to become the EU’s biggest trade partner while the rest of the world slides into the red due to the Covid-19 pandemic.

• China has overtaken the U.S. to become the EU's biggest trade partner
• The pandemic disrupted the US while Chinese activity rebounded
• Eurostat said the result was due to a 4.5 percent increase in imports from China

The country pushed past the United States in the third quarter to become the European Union‘s top trade partner, as the pandemic disrupted the US while Chinese activity rebounded.

Over the first nine months of 2020, trade between the EU and China totalled 425.5 billion euros ($514 billion), while trade between the EU and the United States came in at 412.5 billion euros, according to Eurostat data.

These figures show the year-on-year change in GDP for some of the world’s richest countries, with China’s economy larger than it was a year ago while others have seen massive decline

For the same period in 2019, the EU’s trade with China came in at 413.4 billion euros and 461 billion euros with the US.

Eurostat said the result was due to a 4.5 percent increase in imports from China while exports remained unchanged.

Read full article here.

link:

China overtakes the US to become EU's biggest trade partner | Daily Mail Online

 

[ORDER_66]

The U.S. caused this...

 

[mannyrs13]

China is what some of you refer to as "on code". They know what the game plan is and are doing what it takes to achieve it. While Americans are arguing about having to wear masks and social distancing. You got politicians going against each other instead of trying to help each other. Something needs to be done cuz the EU and China won't need the US one day, and who knows if the rest of the world may not either.

 

[Afro]

China is what some of you refer to as "on code". They know what the game plan is and are doing what it takes to achieve it. While Americans are arguing about having to wear masks and social distancing. You got politicians going against each other instead of trying to help each other. Something needs to be done cuz the EU and China won't need the US one day, and who knows if the rest of the world may not either.

Way too late to bounce back as a nation.

Just study up on mandarin if you want to be a business owner

 

[Kornball The Conqueror]

the coli told me trumps was tough



jk

 

[yung Herbie Hancock]

I pray to got that the CIA has something in store for China. Hopefully a regime change is in the works. For once I hope the CIA destabilizes a country.

 

[yung Herbie Hancock]

Way too late to bounce back as a nation.

Just study up on mandarin if you want to be a business owner

A lot of Chinese already understand English. You're better off learning some other language breh. Also, what's the point of learning Chinese. They don't like doing business with black people unless it involves resources in Africa.

 

[yung Herbie Hancock]

China is what some of you refer to as "on code". They know what the game plan is and are doing what it takes to achieve it. While Americans are arguing about having to wear masks and social distancing. You got politicians going against each other instead of trying to help each other. Something needs to be done cuz the EU and China won't need the US one day, and who knows if the rest of the world may not either.

Our military might means that people can't just "walk away and ignore America". You're tripping. Also, the CIA and intelligence community has something in store for China. I could see them arming the Uighurs and getting them to start some kind of revolution in western China. They will slowly chip away at the CCP until they crumble.