China Reports Robust Trade Growth with Emerging Markets in 2010

China reported robust trade growth with emerging markets last year, Ministry of Commerce (MOC) figures show.

China's trade with member countries of the Association of Southeast Asian Nations (ASEAN) increased 37.5 percent year on year in 2010.

It's trade with Brazil climbed 47.5 percent year on year.

Chinese trade with Russia expanded 43.1 percent year on year while that with South Africa grew 59.5 percent.

Trade with India increased 42.4 percent year on year.

China has become the top trade partner and export destination for Japan, the Republic of Korea, ASEAN, Australia and South Africa.

China is the second largest trade partner and export destination for the European Union.

It is the second largest business partner and the third largest export destination for the United States.

The European Union, the United States and Japan remained China's top trade partners in 2010.

China's trade with the European Union increased 31.8 percent last year.

With the United States it increased 29.2 percent and with Japan it increased 30.2 percent.

China's imports and exports totaled 2.97 trillion U.S. dollars in 2010, up 34.7 percent year on year.