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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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Dec 12 4:00 PM EST

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To: 2MAR$ who wrote (83227)	11/15/2011 11:59:21 PM
From: 2MAR$	Read Replies (1) of 218498

China pessimistic about trade outlook amid global uncertainty, weak demand finance.yahoo.com BEIJING (AP) -- China's government is pessimistic about its export outlook this year amid global economic turmoil, a Commerce Ministry spokesman said Wednesday. Demand for Chinese goods is under pressure from Europe's debt crisis and global economic uncertainty, while rising costs are hurting exporters' profits, said spokesman Shen Danyang at a news briefing. Shen gave no forecast for monthly trade but noted that export growth has fallen steadily, hitting 15.9 percent in October. That was down from this year's peak of 36 percent in March. "We cannot be optimistic about our country's export conditions in the near future," Shen said.

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