While the sector is temporarily rescuing industrial profits and boosting exports, it is also exacerbating structural inequalities and threatening Beijing’s shift to a consumption-driven economy

Exports rose 27% while imports climbed 36% in June, with AI-linked electronics helping drive the fastest growth in nearly five years.

China’s customs agency says its exports accelerated in June, jumping 27% from a year earlier, driven by strong demand due to the boom in artificial intelligence.

China's exports soared 27% in June, driven by AI demand, surpassing expectations and boosting import growth significantly.