BEIJING: China's trade outlook for the second half of 2012 will be more severe than in the first six months, darkened by the persistent European debt crisis and a slower than expected global economic recovery, the Commerce Ministry said on Thursday.
The comments came as China revealed that growth in foreign direct investment into the country had extended its run of year on year declines, with inflows from the European Union (EU) down 2.7 percent to $4.0 billion between January and July versus the same period in 2011.
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