China says country’s foreign trade situation is becoming more uncertain

Some commentary from China’s assistant commerce minister

  • China’s foreign trade situation becoming more uncertain, more ‘complicated’
  • Reiterates to actively expand imports
It generally isn’t a good sign when China starts making comments like these. But given the backdrop over the past two weeks has been that of officials pledging to bolster the economy, this will matter little. That said, just be mindful of how much more of such comments will creep up in the future as they tend to add up and weigh on sentiment.
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