Arab official says Arab-China trade to exceed 300 bln USD by 2025
Khaled Hanafy, secretary general of the Union of Arab Chambers, said Saturday that China's trade with the Arab world will exceed 300 billion U.S. dollars before 2025, Trend reported citing Xinhua.
"China is the world's second biggest economy after the United States and it is considered a good partner by Arab countries who wish to diversify export sources and attract Asian investments," Hanafy said during the China Lebanon Investment Forum.
He added that Chinese products are also popular in the Arab world, including Morocco and Tunisia.
"Chinese products, especially electronics, kids toys, house equipment and textiles, are popular in the two countries," he said.