China's trade faces relatively severe situation in 2016: commerce ministry

China's external trade faces relatively severe pressure in 2016, the commerce ministry said Wednesday. 

PHOTO: EPA

JAN 20, 201611:43 AM

[BEIJING] China's external trade faces relatively severe pressure in 2016, the commerce ministry said Wednesday.

Shen Danyang, the spokesman of commerce ministry, told reporter during a briefing that the ministry hopes the yuan exchange rate would be basically stable.

The comment came days after China reported a slide in both dollar-denominated imports and exports in December 2015.

REUTERS