Customs Bureau spokesman Zheng Yuesheng comments

  • China outbound investment growth may help 2014 trade
  • China relaince on foreign trade for growth declining
  • China shifting from export-led growth (is this guy reading from a script, or what?)
  • China shifting to domestic demand-driven growth (ditto)
  • China October CPI and PPI 014 trade environment will be better than 2013
  • Labour costs, yuan gains, rising financing and environment costs eroding China’s export advantage
  • China faces rising competition from neighbouring countries