China saw a 12% year-on-year rise in trade with countries on the Belt and Road route in the first eight months of 2018, the latest customs data has confirmed. This was 2.9 percentage points faster than the average growth rate. Trade with those countries totalled CNY5.31tn ($about 2.85 trillion U.S. dollars) during the period. In comparison, the country’s trade with the EU, the US and the ASEAN nations rose 6.2%, 5.9% and 11.8% year-on-year respectively.
China saw a 12% year-on-year rise in trade with countries on the Belt and Road route in the first eight months of 2018, the latest customs data has confirmed. This was 2.9 percentage points faster than the average growth rate. Trade with those countries totalled CNY5.31tn ($773bn) during the period. In comparison, the country’s trade with the EU, the US and the ASEAN nations rose 6.2%, 5.9% and 11.8% year-on-year respectively.