China official pessimistic on exports in 2012 - AP

China intends to focus on expanding exports to emerging markets and enhancing its competitiveness, given the bleak outlook for global trade and its own rising costs, a senior commerce official said Wednesday. Wang Shouwen, director general for foreign trade for the Ministry of Commerce, told a news ...

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China's government is pessimistic about its export outlook this year amid global economic turmoil, a Commerce Ministry spokesman said Wednesday.

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