UAE-China trade up 10% to $15.6bn in 2011

Asian giant is Gulf state's second largest trade partner; key exports include plastic and metals
UAE-China trade up 10% to $15.6bn in 2011
By Daniel Shane
Mon 10 Sep 2012 04:35 PM

Trade between the UAE and China grew 10 percent to US$15.6bn
during 2011, according to figures released by the Gulf country’s Ministry of
Foreign Trade.

The government department said that China maintained its
status as the UAE’s second largest trade partner, with main imports being
electronic appliances and devices, as well as iron and steel.

Key exports to China included plastics and their products,
copper and its products and iron and iron-based products.

In 2002, foreign trade between the two countries stood at
just US$3.1bn.

In June this year, Chinese foreign minister Yang Jiechi said
that the world’s second largest economy was looking to grow trade with Arab
nations by 50 percent by 2014, or US$300bn across the entire Arab world.

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