What trade war? Chinese exports are surging
October 12, 2018
Hong Kong (CNN Business)China’s massive export machine is shrugging off the trade war, but there are doubts how much longer it can keep it up.
Chinese exports rose nearly 15% in September compared with the same month a year earlier, according to government data published Friday. That beat analysts’ forecasts and was stronger than the previous month.
The acceleration suggests China is weathering the first waves of new tariffs that the Trump administration imposed on $50 billion of Chinese exports this summer.
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