China says foreign trade could face more complicated situation next year

BEIJING, Aug.23 (Reuters) – China’s foreign trade could face a more complicated situation next year given the base effects and diminishing positive factors associated with the global COVID-19 pandemic, a Wang Wentao, the country’s trade minister, said Monday.

Foreign trade is already facing a complex situation in the second half of this year, Wang said at a press conference in Beijing.

China’s intercyclical macroeconomic policy will help economic fluctuations stay within a reasonable range, Wang added.

Reporting by Shen Yan, Stella Qiu and Ryan Woo; Editing by Kim Coghill

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