China exports surge as Beijing withstands Middle East stress
Chinese exports surged by almost a fifth last month, official data showed Tuesday, as shipments of tech components and machinery helped the world's second-largest economy weather pressure from the Middle East war.
The spike marks a bright spot for the Chinese leadership as it struggles to kickstart growth following the pandemic and amid trade frictions with the United States.
The 19.4 percent year-on-year jump in overseas shipments was driven largely by artificial intelligence and auto exports, the General Administration of Customs (GAC) said, and topped the 15.0 percent forecast in a Bloomberg survey of economists.
It was also faster than April's 14.1 percent jump.
