#1 China inflation surges as pork prices soar von alisawhite123 15.10.2019 11:13

"The external environment facing China's foreign trade development is still complicated and severe. Instability Online Cigarettes Store USA and uncertainty are increasing," a customs agency spokesman, Li Kuiwen, said at a news conference.

Tit-for-tat tariff hikes on billions of dollars of each other's goods have battered manufacturers and farmers on both sides and disrupted supply chains worldwide. Uncertainty has prompted some companies to postpone investments, adding to downward pressure on global growth and fueling financial Newport Cigarettes Shop market jitters.

China's global exports fell 1.4% from a year earlier to $218.1 billion. Imports fell 5.8% to $178.5 billion.

The slump adds to pressure on President Xi Jinping's government to shore up cooling economic growth and prevent politically risky job losses.

Chinese growth fell to its lowest level in at least 26 years in the quarter ending in June, decelerating to 6.2% over a year earlier.

Forecasters expect growth in the July-September quarter, due to be reported this week, to fall further Cheap Newport 100s cigarettes to as low as 5.9%, sinking below the ruling Communist Party's official target for the year of at least 6%.









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