Tue, 08 May 2012 08:10:07 GMT
China accounts for 15% of world's trade
China, being the second largest economy, now accounts for about 15% of the world's trade volume, according to Chen Deming, Minister of Commerce. The country's trade is more balanced this year as compared to 2011, he added. The minister also expects soft landing for China as shift to slower pace of development without significant challenges is highly possible.