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- China-Qatar Bilateral Trade Up 45% - Editor, 27 February 2013
- China Becomes World's Biggest Trading Nation - Editor, 13 February 2013
Recent figures released by Chinese Ambassador to Qatar, Gao Youzhen, reveal that bilateral trade between China and Qatar has increased by an astounding 45 percent, totaling $8.45 bn in 2012. The ambassador noted that China primarily imported oil and gas from Qatar, while exports to Qatar covered a wide range of products, including construction materials, electrical products, furniture and household items. Imports from Qatar amounted to $7.2 bn, while exports to the sovereign Arab state amounted to $1.2 bn.
Recent data from China has revealed that the country has unseated the United States as the world's biggest trading nation in goods. China's imports and exports reached a total of $3.87 trillion in 2012, compared with the $3.82 trillion trade in goods reported by the US commerce department. This is reportedly the first time since World War II that the United States has not been the world's biggest trading nation.
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