Us unilateralism, protectionism could lead to escalation of global trade frictions

Livesquawk reports the latest headlines from the Ministry of Commerce of the People's Republic of China (MOFCOM) on the foreign trade.

Key Points:

Chinese foreign trade faces problems including rising costs.

Good fundamentals of foreign trade remain unchanged in long-term.

Us unilateralism, protectionism could lead to an escalation of global trade frictions.