China’s foreign trade growth expected to slow in H2

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BEIJING — China’s foreign trade growth is expected to slow in the second half due to a high base the previous year, Li Xingqian, a Ministry of Commerce official, said on Thursday.

Rising raw material prices and maritime logistics problems will further squeeze margins of trading companies, Li told a media briefing. (Reporting by Liangping Gao, Shenyan and Ryan Woo; Editing by Jacqueline Wong)