China’s trade faces more severe, complicated situation in 2019

BEIJING (Reuters) – China’s foreign trade will face a more severe and complicated situation in 2019 and government will push the implementation of policies to ease burdens on exporters and importers, the commerce ministry said on Monday.

Currently, Sino-U.S. trade frictions have limited impact on China’s foreign trade sector, the ministry said in a statement on its website, while noting that the relatively high base for trade data in the last quarter in 2017 is expected to have an adverse impact on China’s export and import growth in the same period this year.

In another report on China’s services import situation in 2018, the commerce ministry reiterated its pledge to further ease market access restrictions for the services sector.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.