Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Hong Kong, Jul 14 (AP) China's exports accelerated in June, jumping 27 per cent from a year earlier, its customs agency said Tuesday, driven by strong demand due to the boom in artificial intelligence.
The increase in exports in June was much better than economists had expected. Exports rose 19.4 per cent year-on-year in May.
Imports in June surged 36 per cent, stronger than May's 27.4 per cent year-on-year growth.
China's exports of vehicles, especially EVs, and other tech-related products have boomed as rapid expansion of use of AI increases demand for semiconductors and other electronic equipment.
The strength in export manufacturing has helped to offset weakness in domestic demand. (AP) GSP
Export Growth Driven by AI Demand as Technology Products, Semiconductors, and Electric Vehicles Lift China's June Trade Performance China's exports increased sharply in June, driven by strong external demand associated with the expansion of artificial intelligence. Exports of electric vehicles, semiconductors, and related technology products expanded significantly, while imports also recorded substantial year-on-year growth. Strong export manufacturing helped offset weakness in domestic demand.Press 'Enter' after typing page number.