China Information

Thursday, December 28, 2006

China Expected to Be the Second Trade Power in the World in 2007

The WTO estimated that by the end of 2007 the overall foreign trade volume of China might surpass that of Germany and become the world second power only after the US. According to the estimation of China Customs, the total volume of import and export of Chinese foreign trade in 2006 will increase more than USD330b, expected to reach USD1758b at the growth rate around 24%.

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