Arab world is booming, and experts believe China Wholesale Products to Beijing for the first time exceeded U.S. exports to the region. In the United Arab Emirates, made-in-fashion fireworks made in China, and puffed rice snack. Traditional China Sourcing Fair in Dubai took part in over 1,100 Chinese suppliers, all products are involved in six halls. Across the Middle East is interested in Western-brand dealers are to replace the Chinese products wholesale. This market is less affected by economic crisis and the Chinese to allow them greater profits. The most popular electronic devices, but the industry is doing well. Experts believe that this is a normal rotation and note that developed countries like the U.S., Europe and Japan, these products are targeted at many post-industrial society “, while the traditional sectors to better treat emerging economies such as China, South Korea, India and Brazil. In addition, China’s economic penetration of the Arab countries first, working, trying hard to buy & sell your products # xF5, Li, and energy balance. Between 2004 and 2008, trade with China and Arab countries came to about $ 100 billion. Among other things, a Jordanian nuclear cooperation agreement with China to meet about a third of its energy must be signed 2030, Iraq’s North Oil Company signed the cooperation agreement with the country $ 3 5 billion China National Petroleum Company, while state-owned China State Construction Engineering Corporation is building skyscrapers in Dubai for a total of 409 million euro. Beijing is also examining the possibility of establishing a free trade zone between China and the countries of the Gulf Cooperation Council (Saudi Arabia, UAE, Kuwait, Oman, Qatar and Bahrain). Instead, the UAE exports to China were about $ 2007 1 28000000000000. But the Gulf states and China has invested billions of dollars of petrol, how the South African company Aramco to build a second refinery in Qingdao, Fujian will meet the third 6000000000th Some analysts argue that it is willing to trade a rich elite Arab countries, but not a real benefit to local communities. The number of jobs is not growing, the region where it is in countries such as Egypt and Tunisia, with a high endemic to öpuudus, and throughout the Middle East is widespread. There is no transfer of technology and know-how. Thus, John Lance, Executive Vice-President of the United Ärinõ ukogu Dubai launched a proposal: “Bring a world-class technology and world-class know-how, [Arab] region.”


Article Source:China Sourcing Blog

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