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

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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

    China economyTrade

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