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US-China trade war
ChinaDiplomacy

China says exporters front-loading shipments due to changes in trade environment

Comments made by Chinese commerce ministry spokesman Gao Feng

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China could hit US soybeans with retaliatory tariffs if Washington follows through on threats to impose duties on Chinese goods, traders and analysts said. Photo: AFP
Reuters

Chinese exporters are front-loading their shipments due to changes in the international trade environment, China’s commerce ministry spokesman Gao Feng said on Thursday amid rising trade tensions with the United States.

Gao, who made the comment during a weekly briefing, did not specifically mention Beijing’s escalating trade row with Washington.

US President Donald Trump will meet his top trade advisers on Thursday to decide whether to activate threatened tariffs on billions of dollars in Chinese goods, according to a senior official.

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China would also push for a change in its exports from pursuing size and speed to quality and efficiency, Gao said

China’s commerce ministry spokesman Gao Feng did not mention the US when speaking about exporters. Photo: AP
China’s commerce ministry spokesman Gao Feng did not mention the US when speaking about exporters. Photo: AP
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Meanwhile, US soybean futures fell to 9½-month lows on Wednesday, after a media report renewed fears that China could hit US soybeans with retaliatory tariffs if Washington follows through on threats to impose duties on Chinese goods, traders and analysts said.

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