According to the European Commission, China is the European Union's biggest source of imports. It is also the second largest export market. The trade between China and the European Union is worth around 1 billion daily. The European Union imports mainly industrial and consumer goods as well as footwear and clothing, exporting machinery and equipment, aircraft, motor vehicles and chemicals to China. Despite the pandemic, U.S trade with China saw major increases, partly due to the new trade deal signed between the two countries in 2019. Coming out of the pandemic, demand In the United States increased, which meant that imports increased by a third from mid-2020 to the end of the first quarter of 2021.China however, as many countries discovered during the pandemic, held back the supply of many vital products, conserving them for Chinese consumers. As a result, historic imbalances in trade between China and many of its overseas consumer markets have seen slight changes as these markets have either sourced elsewhere or recommenced their own production of vital goods. At the same time, labor costs in China have increased at a faster rate that in competing economies such as Indonesia or Vietnam, which has either driven up China's prices or forced Chinese manufacturers to live with tighter profit margins. Although China is thought to have a trade surplus of around 600 billion, the problem for them is-where is future growth likely to be found? Increased wage growth, reduced investment as a percentage of GDP and excess production capacity are all factors that have contributed to slowing down the export market for China. Equally, China has been growing faster than all of its trading partners, meaning that the economy's export orientation is a problem because the main markets are already saturated with products. How could China retain its growth and continued trade surplus? A. By cutting down exports and focusing on the domestic market B. By finding other suitable trading partners C. By setting up factories in main trading partner countries to avoid import taxes D. By not allowing privately owned businesses to export E. By selling more to existing trading partners