The Chinese currency has been falling in value against the dollar in recent months, raising concerns that China is devaluing its currency as a way to make Chinese goods more competitive against USA products.
But the robust numbers reported on Friday by China's customs agency - the last ones from China before U.S. congressional elections on November 6 - could prompt a reaction from U.S. President Donald Trump.
Now Mike Pence, the vice-president, has raised the stakes with a ferocious broadside against Beijing, accusing it of engaging in a military, economic and political campaign to...
China's vast export engine unexpectedly kicked into higher gear in September, producing a record trade surplus with the United States that could exacerbate the already-heated dispute between Beijing and Washington. "We expect both to soften in the coming quarters".
Future trade flows also appear to be weakening, but it is uncertain "whether softening export orders are the first tangible evidence of US-China trade friction at the macro level that could amplify an ongoing slowdown", S&P said. The central bank has tightened controls on currency trading to head off further declines.
The yuan has lost almost 10 percent of its value against the USA dollar this year. That prompted suggestions Beijing might weaken the exchange rate to help exporters, but that might hurt China's economy by encouraging an outflow of capital.
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The RSF World Press Freedom Index also states that there is a "growing animosity towards journalists". Vigils in Marinova's memory were held Monday evening in Ruse, the capital Sofia and other cities.
A weaker yuan, which has depreciated about 6 percent against the dollar this year, may have taken the sting out of the tariffs imposed on $250 billion of exports to the United States. It also slashed China's growth forecast for next year to 6.2 percent from 6.4 percent.
These include a high bilateral trade surplus with the United States, a global current account surplus above three percent of gross domestic product and "persistent" one-way currency market intervention to weaken or prevent a rise in a country's currency.
Chinese leaders have rejected pressure to scale back plans for state-led development of global champions in robotics and other technologies. That would approach the $1.2 trillion U.S. -Canada-Mexico trade under the North American Free Trade Agreement. A draft report ratchets up criticism of Beijing for failing to rectify its trade imbalance, and also singles out several other countries for eroding the U.S.'s competitive edge, the people said. The U.S. economy is strengthening, with unemployment low and growth increasing, while the Chinese economy is slowing, sapping Chinese consumers' ability to buy imported goods. "I've reflected that to them", Mnuchin said in a TV interview on CNBC.
"The trade-oriented industries are still vulnerable to further escalation of the tariff war", HSBC analysts Julia Wang and Aakanksha Bhat said in a research report on Friday.
In a separate report, the Department of Labor said the prices of goods imported from China fell 0.1 percent in September, the third month in a row of falling prices.