China trade surplus with US surges in Q1

BEIJING: China’s trade surplus with the United States surged by a fifth in the first three months of the year with Beijing calling on Washington Friday to be patient as tensions between the economic superpowers simmer.

Fears of a trade war have been rumbling since last month as President Donald Trump has threatened a series of tariffs on hundreds of billions of dollars of Chinese goods, sparking tit-for-tat warnings from Beijing.