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China's Q1 trade surplus with US up nearly 20% but narrows in March

China's overall exports and imports both grew at a strong double-digit clip early in the year

Reuters  |  Beijing 

China's trade surplus with the United States surged nearly 20 percent in the first quarter, with some analysts speculating exporters were rushing out shipments to get ahead of threatened tariffs that are spurring fears of a full-blown trade war. The latest readings on the health of China's trade sector are unlikely to ease tensions following weeks of tit-for-tat tariff threats by Washington and Beijing, though they suggest China's economy is still in relatively solid shape. Even as China's trade surplus narrowed overall in the first three months of the year, its ...

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First Published: Fri, April 13 2018. 16:25 IST