
China became Germany’s most important trading partner as imports and exports rose to €170 billion (GETTY)
CHINA for the first time became Germany’s most important trading partner in 2016, overtaking the US and France.
German imports from and exports to China rose to €170 billion (£143billion) last year, Federal Statistics Office figures reviewed by Reuters showed.
The development is good news for the German government, which has made it a goal to safeguard global free trade after US President Donald Trump threatened to impose tariffs on imports and his top adviser on trade accused Germany of exploiting a weak euro to boost exports. Continue reading