Welsh exports to China grow by a third
There's been a sharp rise in exports from Wales to China.
A container wharf of Taicang Port in Jiangsu Province on February 5, 2018. [Photo: VCG]
That's according to Welsh Economy Secretary Ken Skates, who said: "We know that Welsh exports to China have grown significantly from nearly £194m in 2012 to nearly £313m in 2017 but I want to see those figures grow further.”
With that in mind, Mr. Skates will shortly lead a trade visit of some 25 Welsh companies to China, on which we will reveal more information tomorrow.
The news comes at a time of record relations between China and Wales.
As just one example of this blossoming relationship, we reported in November that the number of Chinese students in Wales had risen dramatically over the last few years.
Whilst there’s been an overall drop in the number of Asian students who were studying in Wales since 2013, over the same period, the number of Chinese students in the country rose by 90 percent.
This contrasted with a fall of over fifty percent in the number of Bangladeshi and Indian students.
Perhaps with its new community in mind, Wales recently hosted its largest ever celebration of Chinese New Year.