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Bumpy road ahead for exports

Apr 23, 2010 Trade

BEIJING - Export growth may slow in the second half of this year in China due to risks of a global double-dip recession and rising trade protectionism, the Ministry of Industry and Information Technology (MIIT) said on Thursday.

The ministry also said an appreciating yuan would impact nearly 70 percent of the nation's industrial exports and over 70 million jobs.

"The world economy and trade have started to recover. But the global recovery is still fragile and the process of recovery is fraught with difficulties,%

 
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