Export fall may ease in second half, says minister

SINGAPORE: The pace of decline in China's exports could ease later this year while the country's stable yuan policy will benefit the global economy, Commerce Minister Chen Deming said yesterday.

"Overall, China's economy is stabilizing and improving," Chen told reporters here. "As for exports in the second half, we'll have to look at the global economic situation. If the global economy improves, the pace of export decline should ease."

Trade officials at the gathering discussed ways to revive global trade and pledged measures to fight protectionism.