SHANGHAI, May 4 (SMM) – In China, the Ministry of Commerce stated that China's foreign trade situation is still complicated and tough. According to data from the National Bureau of Statistics, the profits of industrial enterprises above designated size in the country fell by 21.4% year-on-year in the first quarter, which somehow dented market confidence.
China’s Non-Manufacturing Business Activity Index stood at 56.4% in April, a drop of 1.8 points month-on-month. New order index was 56, also down 1.3 points month-on-month.
