Wednesday, January 12, 2005

China’s trade with South Asia soars

Pakistan's exports to China: cotton, leather products and seafood.
China's exports to Pakistan: machinery equipment, chemicals, electronics and footware.

No wonder China has a trade surplus with it's mini-me.

China’s trade with South Asia soars

China’s trade with South Asia soars

BEIJING: China’s trade volume with Pakistan and other six South Asian nations has reached around $20 billion.

In the first 11 months last year, trade volume between China and the seven south Asian nations - Pakistan, India, Bangladesh, Sri Lanka, Nepal, Bhutan, Maldives totalled $17.43 dollars, with $9.87 billion for exports and $7.56 billion for imports.

Currently, more than 70 percent of Pakistan’s exports to China are cotton yarn or cotton fabric. The rest are leather products, minerals and seafood. China’s main shipments to Pakistan include machinery equipment, chemicals, electronics and footware.

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