
China's exports are likely to see a slight increase in the next two to three months following a surprise year-on-year drop in September, an official has said . Shen Danyang, spokesman for the Ministry of Commerce (MOC), said at a monthly press conference that the country will still face inadequate demand from emerging markets in the next few months. "Meanwhile, Chinese companies are confronted with rising export costs caused by the appreciation of the yuan and escalating labor costs, among other factors," Shen said. A recent survey of some 1,900 foreign trade companies by the MOC shows that export orders have fluctuated in past months, especially orders from emerging economies. However, thanks to the government's recent efforts in trade facilitation and upcoming policies to support exporters, Shen forecast that the country's exports will see modest growth in the next two or three months. China's exports fell unexpectedly by 0.3 percent in September from a year earlier, ending two months of consecutive gains, customs data showed. In the first nine months of the year, exports rose 8 percent from a year earlier, while total trade volume gained 7.7 percent year on year.
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor