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China’s AI Boom Powers Export Surge | Odessa News
China’s exports surged 27% in June, fueled by an AI-driven boom in electronics and smart tech, outpacing economists’ expectations and offering a vital boost amid sluggish domestic demand. AI-related exports jumped nearly 57% this year, with products like smart glasses, translators, and exoskeletons leading the charge. While imports rose too—partly due to global cost spikes—the trade surplus expanded significantly. Yet, rising U.S. and European concerns over widening deficits are pushing Chinese firms to reroute exports to Southeast Asia, Latin America, and Africa. Ahead, sustained growth…
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