China Strong Trade Performance May Extend ino Q3: Yicai

China's strong momentum of trade may continue into Q3, and the annual trade growth is expected to reach about 10%, Yicai.com reported citing Huo Jianguo, vice chairman of China Society for World Trade Organization Studies. Though overseas production capacity is recovering in H2, Chinese exporters may not see orders decline, the newspaper said citing Liang Ming, head of foreign trade at a think tank affiliated with the Ministry of Commerce. Foreign exporters may not be able to quickly provide goods with low prices in the short term, and the global market's dependence on Chinese imports has become the norm since the pandemic began, the newspaper said.