"Our orders have surged significantly this year, especially from countries like Singapore, Brazil, New Zealand and Finland," said Wang Hui, the company's business director. China's foreign trade grew 5.3 percent year-on-year to 32.33 trillion yuan in the first three quarters, with exports up 6.2 percent, said the General Administration of Customs. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics. China's foreign trade value with over 160 countries and regions continued to grow during the January-September period. For example, China saw its foreign trade value with the Association of Southeast Asian Nations soar 9.4 percent year-on-year to 5.09 trillion yuan between January and September, Customs data show.

Source: The North Africa Journal October 22, 2024 13:53 UTC