China’s trade faces rising uncertainties this year, Ren Hongbin, an assistant minister at the commerce ministry said today, according to Reuters.
Hongbin is obviously referring to the Sino-US trade, which will likely escalate if both parties fail to reach a breakthrough deal during the 90-day pause set to end on Feb. 28.
Key quotes (Source: Reuters)
Will continue to support key provinces’ efforts to cut steel capacity in 2019
China will actively expand imports in 2019.
China vice industry minister Xin says China’s strategy to pursue high-quality manufacturing development is correct choice.
China vice industry minister Xin, asked about made in China 2025 plan, says every country has the right to pursue its own development.
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