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China's foreign trade to fall 16% in 2009: minister

(Xinhua)
Updated: 2009-12-24 16:14
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China's foreign trade is expected to decline 16 percent in 2009 from a year ago, to about $2.2 trillion, the Minister of Commerce said on Thursday.

The annual retail sales is likely to rise more than 15 percent to 12.5 trillion yuan ($1.84 trillion), minister Chen Deming told a national meeting on commerce.