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
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | News Archive
Most Viewed Companies
Ticker Price Volume
OCOI 0.49 2,000
RIBL 14.85 3,313,773
SAGRINSURANCE 19.81 428,388
SABIC 79.84 10,142,342
STC 60.69 1,117,329
ALKHODARI 18.6 1,044,773
SECO 16.68 2,770,032
Recent News

Bahrain corporate earnings ‘set to grow 6pc this year’
Bahrain’s corporate earnings growth for the whole of this year is expected to be robust at six per cent, when compared with last year, according to a leading regional investment bank.

I

Corporate governance to be probed at major forum
Bahrain-based General Council for Islamic Banks and Financial Institutions (CIBAFI), a global association of Islamic financial institutions, yesterday announced it is partnering the World Bank to co-

Sharjah Islamic Bank reveals its Online Promotion
As part of its drive to encourage more customers to utilize its online banking services, Sharjah Islamic Bank is set to launch a promotional campaign offering customers chances to win 20 iPad Air 2.<

RAK Free Trade Zone targets new markets to increase investments
RAK Free Trade Zone revealed new plans to attract more investment, especially from Europe, Asia, America and Australia.

The Free Zone announced a rise in the number of registered companies t

Bank Sohar holds Al Mumayaz Saving Scheme 21st weekly draw at Ibra
Continuing with its year-long branch-wide tour, Bank Sohar conducted its most recent Al Mumayaz Savings Scheme Weekly Draw at its Ibra Branch on August 20. Continuing to offer more chances, more winn

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

Poll

Which of the following do you think is the best long-term investment?