Published time: 16 Jul, 2019 11:26 © Global Look Press / Qiao Xiaochun 23042 Follow RT on China’s trade with countries participating in its ambitious Belt and Road Initiative (BRI) has been expanding and reached 4.24 trillion yuan ($617.5 billion) in the first half of this year. Customs data showed trade with BRI countries for the period was up 9.7 percent year-on-year. It has outpaced the growth rate of China’s total trade, which remained stable at 3.9 percent. Exports and imports with Russia, Saudi Arabia and Egypt were up by 11.5 percent, 34 percent, and 11 percent respectively. ALSO ON RT.COMBelt and Road to boost China’s growth over next four decades China’s Ministry of Commerce said last week that the country has inked agreements on BRI cooperation with 18 Arab countries. In 2018, trade turnover between China and Arab states reached $244.3 billion, ballooning 28 percent year-on-year. Dubbed the 21st century Silk Road project, the BRI was announced by Chinese President
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