China's foreign trade still faces big downward pressure: Xinhua
China's foreign trade still faces big downward pressure despite some improvement in August, Xinhua news agency reported on Tuesday, citing Shen Danyang, a spokesman for the Ministry of Commerce.
"Difficulties facing China's foreign trade are not short term, the downward pressure on foreign trade is still big and uncertain and unstable factors are increasing," Shen was quoted as saying.
"We cannot be blindly optimistic about China's imports and exports and the situation is still complex and grim."
But Shen said China's foreign trade is stabilizing and the ministry will... read more
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