In this context, I took note with interest that that Premier Wen, Governor Zhou, and numerous other Chinese authorities, have repeatedly cited the fast growing trade surplus and excess liquidity and investment growth as some of the key domestic imbalances that the country needs to resolve in order to achieve a more sustainable growth pattern. 3 2.
Trade relations between Europe and China  Trade between the European Union (EU) and China has expanded at an impressive pace, particularly after China joined the World Trade Organisation (WTO) at the end of 2001. According to Eurostat, in 2005 China became the second largest trading partner of the EU, having moved up from the fourth place in 1999.