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China sees more protectionism in 2012 due to global woes

15 December 2011 By admin

GENEVA Dec 14 (Reuters) – China expects trade
disputes to increase next year as global markets contract due to
European and U.S. economic weakness, China’s trade minister Chen
Deming said on Wednesday.

“There is a possibility of trade protectionism getting more
serious next year, because next year we expect the global market
might contract,” Chen told a press conference of BRICS trade
ministers in Geneva.

“If we look at countries around us, for example Europe and
the United States, we’re all going to face difficulties brought
about by these two areas.”

(Reporting by Tom Miles; Editing by Stephanie Nebehay)

© Thomson Reuters 2011 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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