You are here
Home > News > We’ve got a huge trade deficit with China: PM

We’ve got a huge trade deficit with China: PM

PM Mateusz Morawiecki said on Tuesday that Poland had a huge trade deficit with China, a huge imbalance, with imports of over USD 26 bn and exports a little below USD 3 bn, adding that Poland has been working to minimise the gap for many years.

Mr Morawiecki stressed during Tuesday’s press conference on Polish-Chinese economic cooperation that Poland was ready to cooperate with all partners and that China was a powerful economic partner for many countries. “Nevertheless, in our case a huge trade deficit exists,” he added.

“Poland’s imports from China amount to over USD 26 bn and Poland’s exports to China to a little below USD 3 bn. This is why we have been working to minimise the gap for many years. This is what we appeal for to our Chinese partners. Our cooperation would proceed much better if we were able to propose or acquire from our Chinese partners real improvement instruments of this imbalance in international trade,” the PM stressed.

The PM also pointed out that as part of the 17+1 summit economic talks were carried out concerning Polish and Chinese economic cooperation.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Top