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The re-balancing of import and export volumes between western economies and Asia since the end of the recession, has been "spectacular".Recent research by the OECD International Transport Forum has shown that exports from Europe and N. America to Asia are growing at a faster rate than imports. What was movedout of the EU in terms of tonnes on aeroplanes to China, including Hong Kong, now is quite a bit higher than it was before the [economic] crisis. ItF0;s quite spectacular how quick and how strong the re-bound has been.
European imports from China were also recovering, but had yet to exceed pre-crisis levels .Growth in demand for Chinese products in the EU is picking up, but slowly, where as growth in demand for products from the EU is growing much more quickly.
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