China’s Commerce Ministry: Foreign trade growth expected to slow down in H2

“Foreign trade growth expected to slow down in H2,” “China’s Commerce Ministry official said in a statement on Thursday.

He added: “Rising raw material prices, maritime logistics problems further squeeze profits of foreign trade companies.”

Read: China's yuan basket index hits fresh five-year highs

 Market reaction

AUD/USD was last seen trading at 0.7369, up 0.16% on the day.

 

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