China: Trade and Percent

china: In the first five months of this year, China's US dollar-denominated exports to the United Arab Emirates UAE rose by 12.9 percent on a yearly basis, while imports from the UAE rose by 10 percent, customs data showed, according to Global Times China. Overall, China's trade with the UAE rose by 11.9 percent in the period. Some Dubai-based companies are anticipating that the forthcoming Expo 2020 to be held in Dubai will be a chance to boost trade between China and UAE, particularly trade of small commodities. In comparison, China's trade with the US slumped by 14.5 percent year-on-year in the first five months of this year, while trade with Europe rose by 3.9 percent on a yearly basis, customs data showed. The percentage of freight transportation between China and Europe in our total has dropped, while freight between China and emerging markets like the Middle East and Africa has risen significantly. Michael Qu, cargo manager for China at Emirates Sky Cargo, the freight division of Dubai-based airline Emirates, told the Global Times on Monday there's been a change in shipping patterns for his company in the past 10 years. (news.financializer.com). As reported in the news.