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China once again becomes the largest trading partner of the United States



China once again becomes the largest trading partner of the United States According to Xinhua News Agency, Washington, June 16, according to a recent report by the US “Wall S…

China once again becomes the largest trading partner of the United States

According to Xinhua News Agency, Washington, June 16, according to a recent report by the US “Wall Street Journal”, China once again became the largest trading partner of the United States in April. That’s good news for U.S. farmers and other exporters amid an overall slump in global trade due to the coronavirus pandemic.

Reports say that the bilateral trade volume between China and the United States climbed to nearly US$39.7 billion in April this year, an increase of nearly 43% from February. This figure once again exceeds the trade volume between the United States, Mexico and Canada.

Craig Allen, president of the U.S.-China Business Council, which has more than 200 U.S. member companies doing business in China, said that China may become the global The “biggest engine” of economic growth, he hopes American companies will benefit from it.

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