China’s Commerce Ministry warned Wednesday about the nation’s trade outlook, saying conditions for the remainder of the year and into the first quarter of 2012 look tough. China’s trade surplus fell in September for the second straight month. China attracted $9.05 billion in foreign direct investment in September, up 7.9% from a year earlier, but this rate of growth came in weaker than August’s 11% year-on-year increase.
October 19, 2011
China warns foreign trade outlook ‘quite grim’
China’s Commerce Ministry warned Wednesday about the nation’s trade outlook, saying conditions for the remainder of the year and into the first quarter of 2012 look tough. China’s trade surplus fell in September for the second straight month. China attracted $9.05 billion in foreign direct investment in September, up 7.9% from a year earlier, but this rate of growth came in weaker than August’s 11% year-on-year increase.
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