China’s exports jumped 12.4 per cent in March from a year earlier as companies rushed to beat increases in US tariffs imposed by US President Donald Trump.
The customs administration said that imports declined 4.3 percent, according to ABC News.
It claimed exports from the world's second largest economy increased by 5.8 percent in the first three months of the year compared to the previous year, while imports sank 7 per cent.
China's trade surplus with the United States was $27.6 billion in March, as exports increased by 4.5 percent. It has a $76.6 billion trade surplus with the United States in the first quarter of this year.
China is facing 145 per cent tariffs on most exports to the United States as of the most recent revisions in Trump’s trade policies, ABC reported.
However, the biggest increases in exports were to China’s Southeast Asian neighbors, which saw exports from China jump nearly 17 per cent in March from a year earlier. Exports to Africa increased by more than 11 percent.