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ECONOMY

China Exports Soar, Along With Threat of Trade War

Workers await cargo at the foreign trade terminal at the port of Qingdao in East China's Shandong province on Thursday. Photo: IC
Workers await cargo at the foreign trade terminal at the port of Qingdao in East China's Shandong province on Thursday. Photo: IC

Expansion in China’s exports hit a three-year high in February, greatly surpassing market expectations, while its year-to-date surplus against the United States soared 35%, set to further fuel concerns over a trade war.

Outbound shipments by the world’s biggest exporter in goods surged 44.5% from a year ago to $171.6 billion last month, figures published by the General Administration of Customs showed Thursday.

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