China-Cambodia commerce within the first ten months this yr was value $14.4 billion—an increase of 19 per cent yr on yr (YoY). Imports from Cambodia to China grew by 20 per cent YoY in the course of the interval, in accordance with the Chinese language embassy in Cambodia.
Bilateral commerce reached $11 billion within the first three quarters this yr—a 22-per cent enhance YoY.
China-Cambodia commerce within the first ten months this yr was value $14.4 billion—an increase of 19 per cent YoY.
Imports from Cambodia to China grew by 20 per cent YoY and Chinese language enterprises signed funding agreements in Cambodia value almost $3 billion in the course of the interval.
Bilateral commerce reached $11 billion within the first three quarters this yr—a 22-per cent rise YoY.
Between January and October this yr, Chinese language enterprises signed funding agreements in Cambodia value almost $3 billion, Zhong Jie, financial and commerce adviser on the embassy, stated. China has been the nation’s largest supply of overseas direct funding (FDI) for 12 consecutive years, she stated.
By the second quarter this yr, the entire FDI of $23 billion from China accounted for about 47 per cent of the entire FDI, with the bulk directed in the direction of manufacturing.