A. Babiš wants better trade balance with China

Published: 09.07.2018 Related countries:  China China

CR aims to reduce the trade deficit with China according to PM words at 16+1 summit in Sofia.

CR should make all efforts, incl. political ones, to reduce the negative trade balance with China, PM Andrej Babiš (ANO) said at the 16+1 summit in Sofia on July 7, 2018. According to Mr. Babiš, China is a territory where politicians may help companies open the door and assert business deals. CR is the no. 2 importer into CR, but ranks 17th among CR’s export destinations. Czech export to China totalled CZK 56bn in 2017, up 20% y/y and an all-time high.