China Expects Trade Growth Despite Challenges
Chinas foreign exchange regulator anticipates continued growth in goods and services trade alongside active cross-border investment. New policies will further open domestic financial markets and promote yuan internationalisation.
China expects goods and services trade to expand alongside active cross-border investment despite external pressures. The State Administration of Foreign Exchange outlined the projections in its first-half Balance of Payments report published on Tuesday afternoon. The outlook highlights Beijing's push to broaden foreign access to domestic financial markets.
