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Tuesday, November 10 - 2009

UAE-China trade up 30% a year since 2003

  • United Arab Emirates: Tuesday, August 26 - 2008 at 07:51

Trade between UAE and China, the biggest exporter to the UAE, has been expanding at a rate of more than 30% annually since 2003, reported Guld News, citing an interview with the Chinese ambassador to the UAE. The value of the bilateral trade touched $20.7bn last year. About 70% of Chinese exports to the UAE are re-exported to other markets.

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