China's foreign trade to reach US$1 trillion - GoFuckYourself.com

Theo · 05-06-2004, 09:04 AM

China's foreign trade this year is forecast to reach US$1 trillion, up 17 percent on a year-on-year base, according to a report released in Guangzhou recently by the Ministry of Commerce and the International Trade Economic Cooperation Institution.

The report predicted that the country's export will reach US$505 billion, up 15 percent while import reaching US$495 billion, up 20 percent.

The report said that there are rooms for rapid development for the country's export, as world economy is expected to keep a rapid momentum. The World Trade Organization predicted a 7.5 percent of growth rate in world trade volume this year, three percentage points higher than in 2003.

http://www.chinadaily.com.cn/english...ent_328457.htm

not bad!

David! · 05-06-2004, 09:09 AM

Within the next 10 years, China will overtake the USA in trade volume...

TheFrog · 05-06-2004, 09:56 AM

Quote:

Originally posted by PussyMan
Within the next 10 years, China will overtake the USA in trade volume...

and the US is scared to hell of that fact

Lykos · 05-06-2004, 10:47 AM

That's the way to go,so big country like China really need powerfull and smart guys to organise and make money

05-06-2004, 09:04 AM	#1
Theo HAL 9000 Industry Role: Join Date: May 2001 Posts: 34,515	China's foreign trade to reach US$1 trillion China's foreign trade this year is forecast to reach US$1 trillion, up 17 percent on a year-on-year base, according to a report released in Guangzhou recently by the Ministry of Commerce and the International Trade Economic Cooperation Institution. The report predicted that the country's export will reach US$505 billion, up 15 percent while import reaching US$495 billion, up 20 percent. The report said that there are rooms for rapid development for the country's export, as world economy is expected to keep a rapid momentum. The World Trade Organization predicted a 7.5 percent of growth rate in world trade volume this year, three percentage points higher than in 2003. http://www.chinadaily.com.cn/english...ent_328457.htm not bad!

05-06-2004, 09:09 AM	#2
David! By the wrath of Agamemnon Industry Role: Join Date: Apr 2004 Location: Miami Posts: 6,501	Within the next 10 years, China will overtake the USA in trade volume... __________________ .

05-06-2004, 10:47 AM	#4
Lykos Too lazy to set a custom title Industry Role: Join Date: Apr 2003 Location: World Posts: 31,027	That's the way to go,so big country like China really need powerfull and smart guys to organise and make money __________________