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November 2, 2010

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Trade Volume Forecast

TOTAL volume of China's foreign trade is expected to hit US$2.8 trillion for 2010, up 25 percent year-on-year, the Ministry of Commerce said in a report issued yesterday.

The country's overseas shipments will grow in the fourth quarter but at a slower rate year-on-year, said the report.

The report forecasted China's foreign trade in 2011 will increase at a slower pace, and will be affected by uncertain factors.

China's foreign trade in the first three quarters rebounded relatively quickly.

 

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