China`s foreign trade in 2010 to make up about USD 3 trns.

BEIJING, November 1 (Itar-Tass) -- The volume of China's foreign trade
in 2010 is to make up about 2.8 trillion dollars, which is 25 percent more
than in 2009, the Chinese Ministry of Trade forecasted in its report on
Monday.
The report notes that "under the influence of the gradually restoring
world and Chinese economies, the current year witnesses a stable growth of
export volumes and a noticeable increase of imports." However, as the
Chinese Ministry of Trade believes, "the world economy is still at the
stage of restoration."
As for further perspectives, according to the report, "in 2011, China'
s foreign trade will find itself in favourable conditions, however, there
will be many external factors of uncertainty as before." "In 2011, the
growth of volumes of China's foreign trade will continue, however, its
rate will slow down," the Chinese Ministry of Trade forecasts.
In the current year, quick restoration of China's foreign trade has
been recorded, the volume of trade of which in 2009 reduced by 13.9
percent under the influence of the world financial crisis and amounted to
2.21 trillion dollars. In 2010, a tendency of reducing positive balance in
foreign trade began to clearly show because of a quick growth of import
volumes. In March, a foreign trade deficit was even recorded - - for the
first time over the last six years.
-0-ast