China’s August Exports Jump 25% on AI Price Surge
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China’s exports grew a better-than-expected 25% year-on-year in August, driven by a price surge in AI-related products that masked volume declines.
Outbound shipments reached slightly over $400 billion, General Administration of Customs data showed Tuesday, with the growth beating a 23.3% average forecast in a Caixin survey. Imports rose 28.2% to $282 billion.
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