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China exports surprise in race to beat higher US tariffs

Thursday, November 08, 2018 - 01:29

China reported much stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, racing to beat higher tariff rates due to kick in at the start of next year. As Sonia Legg reports, import growth also defied forecasts for a slowdown, suggesting Beijing's growth-boosting measures to support the cooling economy may be slowly starting to make themselves felt.

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China reported much stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, racing to beat higher tariff rates due to kick in at the start of next year. As Sonia Legg reports, import growth also defied forecasts for a slowdown, suggesting Beijing's growth-boosting measures to support the cooling economy may be slowly starting to make themselves felt.

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China exports surprise in race to beat higher US tariffs

Thursday, November 08, 2018 - 01:29