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2019-03-25 11:00:00

UAE, CHINA TRADE UP 17%

UAE, CHINA TRADE UP 17%

GT - Prospects for two-way trade between the UAE and China remain bright despite a cloud of gloomy global economic sentiment cast by Washington's trade war with Beijing, according to HSBC UAE CEO Abdul Fattah Sharaf.

"The fast-paced trade growth between China and the United Arab Emirates (UAE) is a standout example of what can happen when countries collaborate," Sharaf said.

Bilateral trade between the two countries hit $53 billion last year, a 17 per cent increase on 2017, and is…

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