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M. Continuo

China says export recovery not guaranteed


    SINGAPORE (Reuters) - China, leading world hopes for economic growth, said its export recovery cannot be guaranteed, its commerce minister said on Tuesday.

    "I cannot entirely guarantee it," said Chen Deming, when asked about an Chinese export recovery, after talks with Asia Pacific Economic Cooperation (APEC) trade ministers in Singapore.

    He said China's trade surplus would fall this year.

    China's economic growth accelerated to 7.9 percent in the second quarter, from 6.1 percent in the first quarter, as investment driven by government stimulus offset falling exports.

    (Reporting by Kevin Yao; Editing by Neil Chatterjee)