March 11, 2020 / 10:36 AM / 23 days ago

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

Red flags flutter in front of the Great Hall of the People in Beijing, China September 30, 2018. REUTERS/Jason Lee/Files

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

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