(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.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.