China's imports, exports will see greater pressure in Q4 - commerce ministry
- Country:
- China
China's imports and exports will face greater pressure in the fourth quarter, due to insufficient external demand, commerce ministry spokesperson Shu Jueting told a news conference on Thursday.
The world's second-biggest economy saw an unexpected contraction in exports and imports in October, the first simultaneous slump since May 2020, as a perfect storm of COVID-19 curbs at home and global recession risks dented demand and further darkened the outlook for the struggling economy.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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