China’s Trade Faces Mounting Difficulties in 2017

Dismal trade performance contributed to China’s recent growth deceleration. In 2017, China’s trade will likely be impacted by persistent weak external demand, rising trade remedies by importing countries and intense competition from other developing countries. Trade frictions between China and the United States may intensify. To sustain trade development, the Chinese government has modified its policy orientations and is accelerating regional trade talks such as the Free Trade Area of the Asia Pacific and Regional Comprehensive Economic Partnership.