Chinese imports surge on trade shift

Amid trade tensions between Washington and Beijing, China is increasing exports to emerging markets (EMs) like the Philippines, to reroute shipments to the United States (US), think tanks said.

- By BEN ARNOLD DE VERA

“US tariffs appear to have given renewed impetus to Chinese producers’ efforts to export to EMs, resulting in a widening trade surplus with the EM world in the first half of the year,” said Capital Economics chief EMs economist William Jackson in a July 22 report.