© Imran Ahmed

Reuters is reporting a near 20% surge in China’s trade surplus with the US during the first quarter of 2018. It seems the spike has been driven by exporters fretting over tariff hikes prompted by Donald Trump’s threats of a trade war. But there’s considerably better news for the rest of us – Chinese imports also surged and by the end of the first quarter its trade deficit with the rest of the world stood at $9.86bn. If you are exporting to China, these are good times indeed.

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