World News

China says downward pressure on trade, global economy rising due to coronavirus

BEIJING (Reuters) – Downward pressure on China’s foreign trade and the global economy is rising due to the coronavirus epidemic, Chinese customs said in a statement on Wednesday.

Customs said stabilising trade growth would be more difficult under the current circumstances and that dealing with coronavirus-related risks at China’s ports would pose a major challenge.

(Reporting by Roxanne Liu, Huizhong Wu and Lusha Zhang; writing by Se Young Lee; editing by John Stonestreet)