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China Sees Momentum For Trade Growth

Zheng Lifei, Bloomberg
June 26, 2012
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China’s commerce ministry said that the nation’s trade growth is improving, adding to a rebound in lending in signaling that a slowdown in the world’s second- biggest economy may stabilize.
 
China can achieve a 10 percent gain in exports and imports this year if the world economy doesn’t worsen further, spokesman Shen Danyang said at a briefing in Beijing today. Trade growth had “sound momentum” in June, Shen said.
 
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