China's Commerce Ministry says foreign trade is seen "stable-to-better" despite the ongoing geopolitical situation
Context
The statement from China's Commerce Ministry regarding foreign trade being "stable-to-better" suggests resilience in their economic outlook despite geopolitical tensions. This could imply a supportive environment for currencies linked to trade flows and may mitigate concerns over a slowing Chinese economy, potentially impacting the USD and EUR as investors reassess risk sentiment and trade dynamics.
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