Donald Trump last week ratcheted up the prospect of a trade war with China. Photograph: Erin Schaff/The New York Times
Monday’s figures showing that China’s exports grew faster than expected in September would have been welcome news for the authorities in Beijing at any time.
But three days after Donald Trump threatened to impose an extra 100 per cent tariff on Chinese goods, the numbers also suggest that China is in a relatively strong position to weather an escalation of the trade war.
China’s exports rose by 8.3 per cent in September compared with a year earlier, and versus a
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