Report
China’s exports rose 36.3% in September as AI-related shipments boomed
The Financial Times reports imports also rose 31% year on year, with higher oil prices pushing up the bill.
TLDR
The Financial Times reports China’s dollar-denominated exports rose 36.3% year on year in September, above August’s 25% growth and the 25.7% median forecast from analysts polled by Bloomberg. Shipments of AI-related electronics boomed. The FT says exports are helping offset weak domestic demand after a prolonged property slowdown. Official customs data showed imports rose 31% year on year, while rising oil prices pushed up the import bill.
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