CHINA TOPIX

China Dislodges U.S. to Become Germany’s Most Valuable Trading Partner: Report

Girish Shetti   |

Feb 25, 2017 10:12 AM EST

China for the first time has overtaken the U.S to emerge as Germany's most valuable trading partner in 2016, according to the latest data released by the German government. The critical data comes at a time when Germany is trying to forge deep trading ties with Asian countries, especially in the wake of President Donald Trump's open support for trade protectionism.