Analysts expect Chinese foreign trade to grow in 2017  

Analysts think the value of Chinese foreign trade will probably be greater this year than last, because of the momentum built up by strong growth in trade in the first half, and closer Chinese economic cooperation with Brazil, Russia, India and South Africa, Xinhua reports.

The Chinese government-run news agency quotes the analysts as saying they expect a recovery in global demand and the forthcoming meeting of representatives of Brazil, Russia, India, China and South Africa to boost Chinese trade in the remainder of the year.

The value of Chinese foreign trade was 15.46 trillion yuan (US$2.32 trillion) in the first seven months of this year, 18.5 percent more than in the equivalent period last year.