Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - New Briefs: First Foreign Trade Law

New Briefs: First Foreign Trade Law

BEIJING (AP) - The trade minister said China hopes to increase its foreign trade

to U.S. $200 billion by 1995 and enter the ranks of the world's top 10 trading countries,

an official newspaper said Monday.

The China Daily quoted Wu Yi, minister of foreign trade and economic cooperation,

as saying China will speed passage of its first foreign trade law and improve and

diversify exports in an effort to meet the goal.

Wu said China also will pursue border trade with newly emerging marlets in the former

Soviet Republics and Southeast asia. China's border trade more than doubled last

year.

China was the world's eleventh largest trader in 1992 with a trade volume of U.S.

$165.63 billion, ahead of Taiwan, Singapore, and South Korea but behind Hong Kong,

according to a recent Xinhua news agency report.

0

Comments

Please, login or register to post a comment

Latest Video

ACLEDA’s boss on how tech is changing financial services

In today’s world of fast-changing technology, Cambodia is seeing increasing innovation in financial services.

ACLEDA President In Channy on the key to the bank’s success

Post Khmer Editor-in-Chief Kay Kimsong sat down with Dr In Channy, President and Group Managing Director of ACLEDA Bank Plc, to explore the main principle guiding Cambodia’s biggest bank.

A taste of Phnom Penh's first container night market

At the launch of Phnom Penh's newest market, The Post spoke to customers and stallholders about what the hub of bars, food stalls, shops and live music will add to the city's nightlife.