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European debt crisis may hurt China's exports

European debt crisis may hurt China's exports

Write: Jihan [2011-05-20]

China's exports after June or July may feel the effect of the European debt crisis, China Business News reported Zhao Jinping, a researcher at State Council's development and research center, as saying.

The Asian country's foreign trade will maintain growth of about 20 percent this year, the newspaper cited Huo Jianguo, a researcher at the commerce ministry, as saying.

Zhang Yansheng, a researcher at the National Development and Reform Commission, said he was not optimistic about the nation's imports and exports this year, according to the report.