The Business Times
business-time-50

China's trade faces relatively severe situation in 2016: commerce ministry

google-preferred-sourceAdd BT as a preferred source
Published Wed, Jan 20, 2016 · 03:43 AM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    [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

    China economyTrade

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Kapa's pair of semi-detached houses in Westlake Avenue were rebuilt from a bungalow. Rather than produce a mirrored pair, the two homes were designed as a considered whole to look like part of an evolving streetscape.

    Costly renewals: Transforming an old landed house into your dream home is getting harder

    While residential property has delivered solid gains, observers say other assets such as equities often outpace it over the longer term.

    Higher costs, lower returns: Why are Singaporeans still betting on real estate?

    Chinese Foreign Minister Wang Yi stopped short of explicitly naming the US or Israel as aggressors, a telling omission from a country that otherwise speaks with little diplomatic timidity.

    Beijing’s calculated silence on the Iran war 

    Taxes can make up about 38% of the retail price of RON95 petrol in Vietnam, according to industry estimates.

    Vietnam acts fast to shield firms, households from fuel price surge

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More