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China trade min says export fall could ease in H2

Published 07/22/2009, 12:34 AM
Updated 07/22/2009, 12:48 AM

SINGAPORE, July 22 (Reuters) - Chinese Commerce Minister Chen Deming said on Wednesday that the pace of decline in its exports could ease in the second half of the year.

"Overall China's economy is stabilising and improving. As for exports in the second half, we'll have to look at the global economic situation. If Global economy improves, the pace of export decline should ease," he told reporters after a two-day trade meeting in Singapore.

"The Renminbi has stabilised and the stability of the Renminbi will have positive impact on the global economic recovery." (Reporting by Kevin Yao; Editing by Kazunori Takada)

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