• Linkdin
Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow
         Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow Data-Driven Analysis to Identify the Existing and Upcoming Trends in Polyester Fiber Market. Request Report down-aerrow

Firms facing trouble due to trade conflict: PRC minister

08 Oct '19
1 min read
Pic: Shutterstock
Pic: Shutterstock

With the US-China trade conflict showing no signs of easing, Chinese companies are facing difficulties, commerce minister Zhong Shan recently said. Trade faces ‘unprecedented challenges’, both external and internal, Zhong told a press conference in Beijing. China will expand imports and measures to stabilise trade will yield positive results, he assured.

A fresh round of high-level talks between both sides is expected in Washington DC on October 10-11, led from the Chinese side by President Xi Jinping's top economic adviser, Vice Premier Liu He.

The United States is considering radical new financial pressure tactics on Beijing, including the possibility of delisting Chinese companies from US stock exchanges, according to global newswires.

Despite a host of growth measures since last year, China's economy it yet to stabilise. While analysts expect growth could cool further this quarter from a near 30-year low of 6.2 per cent in April-June, Beijing is expected to announce more support measures in coming months to avert the risk of a sharper economic slowdown.

Fibre2Fashion News Desk (DS)

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search