China economy still facing 'very severe, complex situation': commerce minister
- Posted on July 18, 2025
- By Business News Today
- 3 Views
China economy still facing 'very severe, complex situation': commerce minister
China's Commerce Minister acknowledged the nation's economy faces a "very severe and complex situation" despite 5.2% growth in the second quarter. The government is preparing new policies to stimulate domestic consumption and counter the impact of global trade turmoil on exports.
