China's trade surplus with US soars 19.4 pc in Q1

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AFP Beijing
Last Updated : Apr 13 2018 | 9:05 AM IST

China's trade surplus with the United States surged 19.4 per cent on-year in the first quarter, data showed today, as trade tensions between the world's two largest economies simmer.

The surplus reached USD 58 billion in January-March, customs bureau spokesman Huang Songping said at a briefing in Beijing. Exports to the US rose 14.8 per cent on-year, while imports grew 8.9 per cent.

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First Published: Apr 13 2018 | 9:05 AM IST

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