The trade war with United States has yet to have a detrimental effect on China’s trade economy after total activity surged 14% higher in dollar terms in August. Semiconductors led the way in absolute terms with a 16% improvement while consumer goods including apparel (up by just 1%) and toys (4%) saw a lackluster development. While U.S. tariffs loom over PC components the growth rate in exports slowed to 7% from 8% in the prior three months even though the product line is one of the largest in the $200 billion being targeted for duties. Chinese exports to the U.S. overall climbed 13% ind...