China’s imports and exports with countries along the Belt and Road initiatives exceeded 6 trillion yuan (US$860 billion) over the first three quarters, a rise of 13.2% from a year earlier, Xinhua news agency reported.
According to the latest data released by the Ministry of Commerce, China’s export to Belt and Road countries recorded 3.38 trillion yuan, up 7.7% year-on-year. While imports were 2.7 trillion yuan, rising 20.9% from a year earlier.
Chinese enterprises have injected a total US$10.78 billion of non-financial direct investment in the Belt and Road countries over the same period of time, a rise of 12.3% from last year, said Gao Feng, ministry spokesman.
In terms of infrastructure projects, the construction of the Hinkley Point nuclear power station, the China-Laos railway and the Hungarian-Serbia railway were steadily advancing.
Up to now, Chinese enterprises have promoted the establishment of 82 overseas economic and trade cooperation zones in the countries along the initiative, and the taxes and fees paid to the host country totalled US$2.01 billion, creating 244,000 local jobs.
This BAR will change the economic, social and political face of the entire world. This will be greatest initiative of the century. It can not be checked by any or by collectively evil forces.
This BAR will change the economic, social and political face of the entire world. This will be greatest initiative of the century. It can not be checked by any or by collectively evil forces.
So Donald Trump’s tarrif war against China only hurts America, not China!
So Donald Trump’s tarrif war against China only hurts America, not China!
The net result in HUMAN TERMS for the benefitted countries: 244,000 local jobs! in one year. I am sure most will agree it has been worthwhile!
The net result in HUMAN TERMS for the benefitted countries: 244,000 local jobs! in one year. I am sure most will agree it has been worthwhile!
That would be $1.1 trillion in one yr USD. 860/3*4. Double the trade to US. Who’s needing who now? As I’ve mentioned before US Semiconductor industry will be dead in 5-10yrs. Most likely sooner. American farmers same leaking boat. Only left with the American Military Industrial Conplex forcing used or vaporware, and over priced gear to NATO, Japan, SK,etc. Russia will squeeze at the high end, eg s500, China will push from the low end, eg drones, etc. hahahaha
That would be $1.1 trillion in one yr USD. 860/3*4. Double the trade to US. Who’s needing who now? As I’ve mentioned before US Semiconductor industry will be dead in 5-10yrs. Most likely sooner. American farmers same leaking boat. Only left with the American Military Industrial Conplex forcing used or vaporware, and over priced gear to NATO, Japan, SK,etc. Russia will squeeze at the high end, eg s500, China will push from the low end, eg drones, etc. hahahaha