July 26, 2011

Bilateral benefits: China trade on the up

[PHNOM PENH POST]

CAMBODIA’S bilateral trade with China increased by 82 percent in the first half of the year, compared to the period in 2010, according to Ministry of Commerce statistics obtained yesterday.

The two countries’ bilateral totalled US$912.76 million in the first six months, from $501 million in the same period last year. Cambodia exported goods worth $66million to the People’s Republic, a 275 percent increase, while China’s exports to the Kingdom increased 75 percent to $846 million, statistics show. Ministry of Commerce officials could not be reached yesterday. In May, Minister of Commerce Cham Prasidh said bilateral trade was gradually increased from year to year.

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