China’s Commerce Minister: Must do everything possible to spur consumption this year
|Chinese Commerce Minister expresses his take on the country’s consumption and trade outlook, via Reuters.
Key quotes
“Some recovery momentum in consumption seen in February.”
“Must do everything possible to spur consumption this year.”
“Pressure from foreign trade on China 'very huge' this year, situation 'very severe'.“
“External demand still uncertain.”
“Supply of raw materials, bulk commodities have not returned to normal.”
“China's foreign trade achieved steady growth in first two months of 2022.”
Related reads
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.