China's trade faces relatively severe situation in 2016: commerce ministry
Published Wed, Jan 20, 2016 · 03:43 AM
[BEIJING] China's external trade faces relatively severe pressure in 2016, the commerce ministry said Wednesday.
Shen Danyang, the spokesman of commerce ministry, told reporter during a briefing that the ministry hopes the yuan exchange rate would be basically stable.
The comment came days after China reported a slide in both dollar-denominated imports and exports in December 2015.
REUTERS
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