SHANGHAI/TOKYO -- China's export machine powered through at the onset of an escalating trade war with the U.S., as Beijing faces a pressing need to invigorate weak domestic demand and sell more to other countries.
Outbound shipments from China rose 12.4% year-on-year in March in dollar terms, according to Chinese customs data released Monday, accelerating from a 2.3% growth rate in the first two months of the year and smashing a 4.4% average forecast by economists polled by Reuters.
