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International

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

Published Wed, Jan 20, 2016 · 03:43 AM
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[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

KEYWORDS IN THIS ARTICLE

Trade

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