China's Exports Rebound to Slow in Second Half: MOFCOM
Submitted by BOCVIP on Tue, 07/20/2010 - 10:12
China's export will slow in the second half of the year from a strong rebound in the first, the government said Tuesday.
Yao Jian, spokesman for the Ministry of Commerce told a regular conference that situation in the second half will be "quite complicated" and the foreign trade outlook is "no cause for optimism."
"In the second half, export growth will fall due to a high base effect and uncertainties in foreign demand," he said.
China has reported a 43.1 percent growth in exports for the first half year, compared with the same period of last year, said the Ministry.


