Xinhua reports:
The EU replaced the United States as China's biggest trading partner last year, said Xu Kuangding, Chairman of the China Federation of Industrial Economics (CFIE) on Thursday. As one of the keynote speakers at the opening of a Sino-European economic summit, Xu said Sino-European trade, with a volume of 217.3 billion U.S. dollars, has exceeded the Sino-U.S. trade volume by some 5.7 billion dollars.
To read more:
http://news.xinhuanet.com/english/2006-09/15/content_5093274.htm
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