China's foreign trade transactions and technological exchange entered a new phase.

The world's second and third largest economies will settle more of their trade transactions directly rather than converting them into dollars first.

Some trade transactions have set off greater disagreement.

Only $7 billion of this recent drain could be accounted for by normal trade transactions.

Clearing agreements were used in less than half of all trade transactions.

It posts annual trade transactions of $9 billion, ranging from commodities to computers and other advanced electronics.

The bank also managed national trade transactions as well as continuing to provide credit to the general public.

This is similar to the conduct of most domestic trade transactions.

Quantitative controls on foreign trade transactions carried out through one-time license.

On Jan. 8, for instance, almost 70 percent of the 26.1 million program trade transactions were executed for member firms' own accounts.