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MOFCOM: China´s foreign trade to be more balanced

China´s latest foreign trade data also missed the mark, rising just 2.7 percent year-on-year to over 300 billion US dollars in April, representing a month-on-month slowdown from March.

Greek economy shrinks by 6.2 percent in first quarter

Greek economy shrank by 6.2 percent on a year- on- year basis in the first quarter of 2012, the Greek Statistical Authority said Tuesday, as the country struggles to exit recession, restore growth, overcome the two-year acute debt crisis, avert default and stay in the eurozone.

U.S. to keep decade-old antidumping duties on Chinese foundry coke

The United States said on Tuesday that it would continue to levy antidumping duties against foundry coke imports from China.