business

Foreign trade likely to touch $2100bn

2007-05-31

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Chinese Commerce Department and China Academy for the International Trade Economic Cooperation (CAITEC) together issued Report of China Foreign Trade 2007 on May 17. It is expected that the total import and export value of 2007 will reach US $2100 billion, with a rise rate of around 20 percent. According to the report, trade in China, especially in products like textile, clothing and shoe, will see a new high and foreign trade development will prove helpful for the quick rise of Chinese import and export. Fibre2fashion News Desk - China