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From Beirut to Beijing
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by Thomas Schellen

Lebanon is quite the micro-dot on the Chinese trade radar. From a global trade perspective, it is a pointless exercise to quantify how much, or rather, how little, the bilateral trade of $1.8 billion represents in China’s total foreign trade of some $3.8 trillion in 2012.  From the Lebanese perspective, China accounted for 8 percent of Lebanese imports last year, according to customs. That makes it the  the third-largest supplier of foreign goods to the country, after the United States and Italy. But trade is stuck in an imbalance that is almost 99 percent in favor of China. “Lebanon imports from China about $1.77 billion per year and we export to China around $20 million,” says Ali El-Masri, chairman of the Lebanese Chinese Business Council (LCBC).  Related articles: China still wary of Middle Eastern investments China and America battle over the Middle East Chart: Where does China invest in the

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