China Business Now丨China’s foreign trade to face tougher H2 as cross-cycle adjustments strengthen

China’s international trade will enter choppy waters for at least half a year, after it hit a record high of 24.5 percent in the first six months of 2021.Foreign trade is cooling off in the second half as the one-off factors driving it recede. And the situation could get even worse next year, warned the country’s minister of commerce Wang Wentao on the government briefing yesterday.