China Trade Surplus With US Continues To Mount Amid Frictions

China-US Trade Gap Widens as Firms Run to Beat Looming Trump Tariffs

The headline news comes as Washington and Beijing are preparing for another high-level meeting on trade relations, scheduled for next week.

Its imports from the U.S. rose 20.3 percent, the fastest growth in three months.

They have ramped up tensions in recent weeks with threats to impose tariffs on tens of billions of dollars of each other's products.

Of note, the country's trade surplus with the US expanded to $22.19 billion in April - compared with a surplus of $15.43 billion in March, customs data showed.

USA officials traveled to Beijing last week for talks on resolving the dispute between the world's two biggest economies.

China's imports from the U.S. climbed 11.6 percent between January and April, which however wasn't enough to offset a 13.9-percent rise in exports to that country.

Among the list of hard-line demands that Trump's delegation handed China last week was an ultimatum to cut $200 billion from its annual trade surplus with the U.S.by 2020.

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Sun was the youngest member of the Politburo and ran the inland megacity of Chongqing, and Mr. He was accused of taking advantage of his position to seek profits for himself and others.

China's top economic official will visit Washington next week to resume trade talks with the Trump administration, the White House said on Monday, after discussions in Beijing last week yielded no agreement on a long list of USA trade demands. And we are working on something that we think will be great for everybody.

In April, goods trade surplus shrank by 27 percent to 182.8 billion yuan, as exports rose 3.7 percent year-on-year to 1.27 trillion yuan, while imports grew 11.6 percent to 1.09 trillion yuan, according to the GAC. Commerce Secretary Wilbur Ross, U.S. Trade Representative Robert Lighthizer, Assistant to the President for Economic Policy Larry Kudlow, and Assistant to the President for Trade and Manufacturing Policy Peter Navarro were all on the trip.

Just hours after the steel and aluminum tariffs had been announced, Kudlow told reporters that the Trump administration was mulling over providing China with a list of what the USA wants to see happen on trade with China.

Chinese private enterprises played a bigger role in trade by contributing 38.6 percent to total trade, up 1.2 percentage points compared with the same period previous year.

The White House has announced that China's top economic advisor and Vice Premier Liu He is set to visit Washington next week to resume discussions concerning the settling of trade issues.

However, China said "big differences" remained between the two sides after last week's talks while leaks of the negotiating positions showed both were digging in with hardline demands.

Julian Evans-Pritchard, an economist at Capital Economics, said despite a seasonal uptick in export growth, the data suggest that foreign demand for Chinese goods has started to soften, with the prospect of possible USA tariffs weighing on the outlook. China's communist leaders have countered by outlining $50 billion in USA goods that they would target with retaliatory duties on goods including aircraft and soybeans.

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