China Expects Trade Protectionism To Rise Next Year

Chinese Commerce Minister Chen Deming said Wednesday that with the global market Because Europe and the United States are weak. atrophy China expects next year's Trade Friction will increase.

"Trade protectionism is likely to become more serious next year as we expect the global market to shrink next year," Chen Deming said at a press conference in Geneva. "

"Look at the countries around us, such as Europe and the United States, and we will face the plight of these two regions. "

Chen Deming said: "China is committed to advancing trade liberalization, and we will honour our commitments. We said we would not abuse trade remedy measures. At the same time, we are not worried about other countries using trade remedy or protectionism. We will protect ourselves by the rules of the WTO multilateralism. "

He said that China's exports fell by about 2% a month in the past three months, mainly due to the shrinking European and US markets.

"Therefore, we will continue to work hard to stabilize exports next year, and at the same time, through continuous expansion of exports. trade balance Combat Protectionism 。 "