CHINA PRESS: China Trade Surplus To Decrease In 2024

China’s trade surplus will shrink next year as the world economic slowdown keeps demand for manufactured exports subdued, while improvements in China-U.S. relations will increase import demand for U.S. agricultural products, according to Zhang Ming, deputy director at the National Institution for Finance and Development. Zhang said the stock market will perform better in 2024 due to the recent strengthening of the yuan and marginal improvements in macro data. (Source: Yicai)