Ministry of Commerce data showed an expanded European Union is now on the verge of displacing Hong Kong as China's biggest investment and trading partner. Sino-EU trade volume has been growing at over 30% a year, topping US$111.64 billion in the first eight months of this yearï¿½up 36.6% over the same period a year earlier. China exported goods worth US$65.47 billion during the period, and imported goods worth US$46.17 billion, official data showed. China's exports included machinery, electronics and high-tech products, textiles, garments, toys and shoes; imports included capital equipment, auto parts, steel and aircraft.
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