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.

People also read these

Global markets mixed after Wall Street loss

Dec 23, 2016

Asian markets are mostly lower while Europe has gained in early trading ahead of the Christmas...

Asian shares mixed as investors consider latest Fed minutes

Jan 5, 2017

Asian stock indexes mixed as investors assess latest Fed meeting minutes; Japan shares slip as yen...

A look at how Trump might shake things up in Asia

Jan 16, 2017

Donald Trump has offered views on U.S. relations with Asia that could indicate radical shifts in...

World stocks turn lower as investors monitor volatile dollar

Jan 18, 2017

World stocks are mostly lower after a sharp drop in the dollar sapped investor enthusiasm

Asian stocks decline after Wall Street falls

Feb 7, 2017

Asian stocks are lower after Wall Street declined and oil rebounded

AseanCoverage is a next-gen news site focusing exclusively on online news from South East Asia.

Contact us: sales[at]aseancoverage.com