(ECNS) - The impact of Sino-US trade friction on China's economy is still unclear or limited as the country maintained rapid growth in foreign trade, with exports rising 7.9 percent in August, Mao Shengyong, spokesperson of the National Bureau of Statistics, said on Friday.
Major economic indicators including growth, employment and prices were all relatively stable.
Exports had faster growth, 1.9 percentage points higher than in July, for a number of reasons, said Mao, noting Chinese companies have become more resilient in global competition and adaptable to changes in the external environment. Due to uncertainties in Sino-U.S. trade, Chinese enterprises in some regions have moved export shipments forward.
Mao also said trade friction is certain to have an impact on the economy, trade for both countries as well as the relatively fragile world economy. Reports by international organizations show trade protectionism has cast a shadow over global economic recovery and international trade.
He added that China would keep a close eye on the impact from Sino-US trade friction as well as developments in international trade and take corresponding measures.
