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


29/04/2012 05:38 AST  Reuters

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

Global News
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | News Archive
Most Viewed Companies
Ticker Price Volume
SAGRINSURANCE 33.51 417,668
SABIC 93.2 4,261,475
EEC 38.7 59,757,431
RIBL 18.25 689,021
EMAAR 7.13 17,252,312
SECO 19.28 3,416,671
SPIMACO 43.78 331,194
Recent News

US index at peak, European stocks extend gains on Greece, Fed
European stocks extended gains for a sixth day to its highest level in seven years, and US indexes recovered to hit another record after Greece proposed a list of reforms to euro group and Federal Re

Afriland First Bank officially launches Islamic finance in Cameroon
At an event held at the Hilton Hotel in Yaounde, Cameroon, on 20 February, Afriland First Bank unveiled its suite of Islamic finance products.

For more than 10 years, First Bank has been a

Yen weaker in Asia as Kiuchi questions policy, AUD down on Lower
The yen weakened along with the Aussie in Asia on Thursday on comments from policy makers at both central banks and data in Australia that gave a mixed outlook ahead of a key European Central Bank me

Australian dollar slightly higher ahead of retail sales, trade
The Australian dollar traded stronger on Thursday early in Asia ahead of trade and retail sales.

AUD/USD traded at 0.7822, up 0.04%, while USD/JPY changed hands at 119.72, up 0.03%. The US

Dollar gets boost from US data as euro sags below $1.11
The dollar climbed to a fresh 11-1/2-year high on Wednesday, boosted by strong US private-sector jobs growth ahead of the launch of quantitative easing by the European Central Bank.

The d

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?