Arab Today, arab today low commodity prices to drag down chinas imports
Last Updated : GMT 07:53:53
Arab Today, arab today
Arab Today, arab today

Low commodity prices to drag down China's imports

Arab Today, arab today

Arab Today, arab today Low commodity prices to drag down China's imports

Low commodity prices in China
Beijing - XINHUA

Global commodity prices, which have been declining since last year, may continue to drag down China's imports in the latter half of the year, spokesman of the Ministry of Commerce (MOC) Shen Danyang said Tuesday.

In the first half, combined imports of 15 commodities monitored by the MOC, including crude oil, natural gas, coal and iron ore, dropped 32 percent year on year to 215.2 billion U.S. dollars, MOC data showed.

The decline pulled down overall import growth by 12.6 percentage points, Shen said.

China's imports slumped by 15.5 percent in the first half, according to data from the General Administration of Customs.

"In the latter half, global commodity prices will remain at a low level, so China's imports will continue to be relatively low," Shen said.

Shen added that low commodity prices can help cut the costs of Chinese companies and enhance their profitability.

In the first half, China's average import prices dropped more than 10 percent year on year, while export prices stayed flat, according to the MOC.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today low commodity prices to drag down chinas imports Arab Today, arab today low commodity prices to drag down chinas imports

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today low commodity prices to drag down chinas imports Arab Today, arab today low commodity prices to drag down chinas imports

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday