I had the headline up earlier: China Securities Journal: China needs detailed policies to stabilize trade

Here is more now. The official China Securities Journal said in a front page editorial:

  • The government should unveil detailed policies to help exporters as soon as possible as the peak season for overseas orders approaches
  • Said the recovery in exports shouldn’t be overestimated
  • Noted that the first half’s 1.2% growth is far from this year’s target of 7.5% & many exporters are complaining about a lack of details on the government’s pledges to help them, making them wary of taking new orders
  • Also warned that smaller-than-expected export growth could indicate that the overseas recovery is weaker than anticipated

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Details via MNI