China's Commerce Ministry: Trade with the US not decisive factor on trade outlook

Haresh Menghani FXStreet

China's commerce ministry was out with a statement in the last hour, saying that the impact of the trade war on Chinese companies is limited.

Key points:

• The risk is controllable on trade war impact.
• China hopes the US to drop protectionism.
• Front loading could be a factor supporting 3Q exports.
• Stance on trade talks with the US is consistent.
• US need to show sincerity.
• China trade outlook still keeps good momentum.
• Trade with the US not a decisive factor on trade outlook.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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