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China sales to US slump even as exports beat forecasts
China sales to US slump even as exports beat forecasts

China said Friday sales to the United States slumped last month while its total exports topped forecasts, as Beijing fought a gruelling trade war with its superpower rival. However, exports to the United States -- one of China's top trading partners -- fell 17.6 percent month-on-month, data showed.

Chinese fabric exporters anxious for US trade patch-up
Chinese fabric exporters anxious for US trade patch-up

Surrounded by samples of silk and glittering tweed in one of China's largest fabric markets, textiles exporter Cherry said she was anxiously awaiting the result of trade talks with the United States this weekend. Sales to the United States made up 18 percent of China's total textiles and apparel exports in 2024, according to Moody's Ratings.