China says imports and exports surged in August

BEIJING: China’s imports and exports surged in August, official data showed on Tuesday (Sep 8), helped by a global AI buildout that has fuelled demand for the country’s technology products.

Exports spiked 25 per cent year-on-year, the General Administration of Customs (GAC) said, accelerating slightly from July’s growth of 23.9 per cent.

The increase fell just short of a Bloomberg forecast of 25.9 per cent.

Imports swelled 28.2 per cent year-on-year, which was faster than July’s 27.5 per cent but short of Bloomberg’s forecast of 31.0 per cent.

After achieving a historic trade surplus in 2025, China’s trade has continued to boom this year, due…

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