China’s trade faces rising uncertainties this year – official

China’s trade faces rising uncertainties this year, Ren Hongbin, an assistant minister at the commerce ministry said today, according to Reuters. 

Hongbin is obviously referring to the Sino-US trade, which will likely escalate if both parties fail to reach a breakthrough deal during the 90-day pause set to end on Feb. 28. 

Key quotes (Source: Reuters)

Will continue to support key provinces’ efforts to cut steel capacity in 2019
China will actively expand imports in 2019.

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China vice industry minister Xin, asked about made in China 2025 plan, says every country has the right to pursue its own development.