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FINANCIAL NEWS
UAE, China trade to reach USD16.34b in 2015
11 May 2015
(MENAFN) China and the UAE’s bilateral trade transactions are set to hit a record USD16 billion this year, doubling in size compared to the previous year, according to forecasts, Xinhua reported.
In a decade time, the two countries managed to set a growth of about 35 percent, according to the Chinese People’s Association for Friendship with Foreign Countries.
The United Arab Emirates stands as the second country when it comes to trade collaboration with China, recording USD55 billion back in 2014.
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