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China tops US as key EU trade partner

China became the EU’s biggest trading partner in 2020, overtaking the US, according to data released this week by Eurostat. The fast pace of the economic recovery in China has meant an increase in the country’s demand for European goods. Meanwhile, bitcoin surged to a record high, a day after the cryptocurrency vaulted the $50,000 hurdle, even as analysts warned about the sustainability of such prices amid elevated volatility. Plus, Apple won big in North Dakota after officials struck down a bill that would have required app stores to allow software developers to use their own payment processing software.