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Arab-Chinese trade reaches $240bn in 2020

Arab-Chinese trade reaches $240bn in 2020
¶¶Òõ¶ÌÊÓƵ, the United Arab Emirates and Iraq are the largest Arab trading partners with China. (Shutterstock)
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Updated 07 April 2021

Arab-Chinese trade reaches $240bn in 2020

Arab-Chinese trade reaches $240bn in 2020
  • China is a major importer of crude oil from the region

RIYADH: Arab-Chinese trade reached $240 billion in 2020, SPA reported citing a statement from the General Secretariat of the Arab League in Cairo.
¶¶Òõ¶ÌÊÓƵ, the United Arab Emirates and Iraq are the largest Arab trading partners with China, it said.

It issued a statement after a gathering of Arab and Chinese business leaders in Beijing.

China is a major importer of crude oil from the region.

The conference discussed promoting economic integration, raising the level of cooperation, achieving development in the digital economy, and growing Chinese-Arab investment opportunities.