China says Q2 trade growth to stabilize at "low level"


29/04/2012 05:38 AST

China's trade growth in the second quarter should stabilize at a "low level", the Commerce Ministry said on Friday in a regular spring assessment of business conditions that cautioned tough times ahead.

Without predicting when trade flows would recover, the ministry said the world's second-biggest economy still faced considerable headwinds and that price pressures were building despite slackening activity.

But it noted that the Chinese economy, which grew at its slowest annual pace in nearly three years at 8.1 percent in the first quarter, was supported by good fundamentals.

For more on this Click Here

Reuters
Global News
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | News Archive
Most Viewed Companies
Ticker Price Volume
RJHI 60.35 1,570,493
SABIC 84.99 6,083,555
GFH 0.24 25,000
RIBL 11.14 2,042,403
DIC 2.18 10,443,620
EMAAR 6.8 12,766,304
ALMARAI 56.13 332,819
Recent News

Companies promoting innovative concepts
A number of new products, technologies and solutions are being showcased at this year’s gulfBID, the leading event for the construction and building materials, services and contracting sectors.

Bahrain to host Mideast asset management forum
The Middle East Asset Management Forum (MEAMF 2016) hosted by Bahrain next month aims to tackle the most pressing questions that will drive the ongoing progress of the asset management industry acros

UAE property prices may drop further in 2016 amid weak market conditio
For the coming year, we see no sign of market improvement for the UAE real estate sector, despite housing affordability improving from the current price environment. Pressures have arisen from declin

Tender floated for raising water capacity in the long run
State-owned Oman Power and Water Procurement Company (OPWP) on Wednesday floated a tender seeking an international consultant to provide advisory services for enhancing water production capacity from

QSE expects more listings on main market, junior bourse
The Qatar Stock Exchange (QSE) is expecting more listings on its main market and said its junior bourse, ‘Venture Market,’ is slated to see listings from small and medium enterprises (SMEs) within th

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?