China’s customs: Trade growth switching to medium high speed

FXStreet (Bali) - Following China's trade balance numbers, which came slightly below expectations, Zheng Yuesheng, spokesman for the customs administration, said that “China’s trade growth is switching from high speed to medium high speed”, also adding that a slow down in global economies, declines in commodity prices, a loss of manufacturing competitiveness and a downward trend in foreign investment flows into China’s manufacturing, all weighed in the results.