Pessimistic export perspectives for China

Note: This section contains information in English only.
Source: China.org.cn
© Scanpix/Reuters

The perspectives for export in the next year are not optimistic, said Shen Danyang, spokesman of the Ministry of Commerce. Low demand of major China's export consumers and growing domestic production costs impact China's export-the major driver of economic growth. Exports increased only by 15.9% to USD 157.49 billion in October being the five-month lowest.

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Thu, 17 Nov 2011 13:49:27 GMT

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