EU exports to China rose by more than a tenth, dispelling fears of a deceleration prompted by a slowdown in Asia’s largest economy and repercussions of escalating tension between Washington and Beijing over trade.
In the first quarter, the EU exported 11.3 per cent more goods to China compared with the same period a year ago, the fastest increase among the bloc’s major trading partners. In the three months to March 2018, the rate was 1 per cent, the statistics office said.
By contrast, exports from many Asian countries to China declined in the same period, according to their national statistics.
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