China's exports to US tick up as traders try to beat tariffs

In this Nov. 5, 2018, photo, a security guard stands at the entrance to the China International Import Expo in Shanghai. Visitors to the vast trade fair meant to rebrand China as a welcoming import market could sip Moroccan wine, ogle Italian yachts and watch a Japanese industrial robot play ping-pong. (AP Photo/Ng Han Guan)

BEIJING — Growth in Chinese exports to the United States ticked up in October as traders rushed to beat a new round of U.S. tariff hikes in a battle over Beijing's technology policy.

Customs data on Thursday showed sales to the U.S. market rose 13.3 percent over a year earlier, up from September's 13 percent growth.

Economists at ING said the data show Chinese exporters are trying to beat a U.S. tariff increase planned for January. They said a meeting between Presidents Xi Jinping and Donald Trump this month in Argentina is unlikely to produce positive results.

Governments of the two biggest global economies have raised tariffs on billions of dollars of each other's goods in the fight over U.S. complaints about Chinese technology policy.

Must Read

Asian stocks markets retreat after Wall Street...

Dec 23, 2016

Most Asian stock markets have declined in thin trading ahead of the Christmas holiday after Wall...

China begins to ease its 2,000-year-old monopoly...

Jan 3, 2017

China has started an overhaul of its salt industry, easing a monopoly that has existed in some form...

South Korean cinema leads nominees at Asian Film...

Jan 11, 2017

South Korean cinema has fared well in the nominations for the Asian Film Awards

Chinese factory makes giant inflatable...

Jan 13, 2017

A Chinese factory has been doing a brisk business selling giant inflatable roosters, some as tall...

China state media call Trump's Taiwan strategy...

Jan 16, 2017

China's state-run media says President-elect Donald Trump "speaks like a rookie" and called his...

Sign up now!

Advertisement