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China has become the world's second largest economy by GDP (Nominal) and largest by GDP (PPP). 'China developed a network of economic relations with both industrial economies and those constituting the semi-periphery and periphery of the world system.' [1] Due to the rapid growth of China's economy, the nation has developed many trading partners throughout the world.
The largest import and export merchandise trade partners for most countries of the world are listed below. Details for the European Union, Hong Kong and Macau are also included. In most cases the data relates to 2021 rankings. Data was extracted from the World Trade Organization's Trade Profile Database. [1] [2]
It is the largest trading partner of over 120 countries, as of at least early 2024. As a member of the Regional Comprehensive Economic Partnership (RCEP), China is part of the world's largest trading bloc. China began promoting overseas investment through the Go Out policy, which Jiang Zemin formally announced as a national strategy in 2000.
China is the world's largest exporter and the main trading partner of more than 150 countries and regions, said Wang Lingjun, the Customs Administration's deputy director general.
China is the largest trading partner to 120 countries, including most of the largest markets in Asia, the European Union, the Middle East, and South America. There is a clear divergence in ...
It showed imports fell 2.3% in October from a year earlier, while China’s trade surplus rose to $95.7 billion in October, up from $81.7 billion in September. ... — China's largest trading ...
By 2020, China became the largest trading partner of more than 120 countries. [17]: 228 Annual global exports fell in 2023, for the first time in seven years, with the Association of Southeast Asian Nations as China’s largest regional trading partner, followed by the European Union. [15]
China is the EU's second-largest trading partner for goods after the US, and bilateral trade reached $799 billion in 2023. But EU-China relations have become increasingly strained in recent years.