China tempers expectations for trade


BEIJING: China’s exports will make a slow recovery in 2010, a government spokesman said yesterday, trying to cool expectations about the economy’s prospects after robust December trade figures this week ignited fears of overheating.

The world’s third-largest economy appears to have entered this year with a lot of momentum, contributing to the central bank’s decision on Tuesday to lift bank reserve requirements for the first time since June 2008.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read