China's foreign trade to fall 16% in 2009: minister

China's foreign trade is expected to decline 16 percent in 2009 from a year ago, to about $2.2 trillion, the Minister of Commerce said on Thursday.

The annual retail sales is likely to rise more than 15 percent to 12.5 trillion yuan ($1.84 trillion), minister Chen Deming told a national meeting on commerce.
 

Source: BizChina