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SCO members' trade value sees a nine-fold increase in two decades

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03:08

The global trade influence of the Shanghai Cooperation Organization has increased over the past two decades. The total trade value of its member states increased from just 667 billion dollars in 2001 to a whopping six trillion dollars in 2020. The LED manufacturer Absen says that its trade volume with SCO members has steadily increased from 2014 to 2019, reaching $200 billion in peak seasons. How has the grouping helped boost Chinese enterprises and how it will benefit other member states?

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