Exports surge on the back of AI boom
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China's export growth accelerated sharply in May, driven by the AI boom. Per trade data released by the customs bureau (GAC) on June 9:
Exports grew 19.4% y/y in May, accelerating from 14.1% growth the previous month Imports surged 27.4% y/y, up from 25.3% growth in April China's trade surplus for ...