Rise credited in part to higher-value exports; trading relationships may suffer strain
Sat, Apr 23, 2016 - 5:50 AM
IMBALANCE OF TRADE: China's imports from other countries have fallen sharply leading some economists to suggest the country was deploying an "import substitution" strategy that is pushing foreign brands out of its domestic markets.
CHINESE exporters have found a silver lining in weak global demand by seizing market share from their competitors - good news for China but an expansion that is aggravating trade tensions. China's proportion of global exports rose to 13.8 per cent last year from 12.3 per cent in...