China's exports and imports surge in July
Chinese exports and imports soared in July, official data showed on Aug. 7, as the manufacturing powerhouse benefits from a global AI boom lifting overseas demand for its tech products.
Exports climbed 23.9 percent year-on-year last month, the General Administration of Customs (GAC) reported.
Imports increased 27.5 percent, though that was down from the 36 percent surge seen in June.
The world's second-largest economy last year achieved a historic trade surplus of nearly $1.2 trillion, helping its manufacturing sector through a prolonged slump in domestic consumption.
