BUSINESSSEMAFOR
China exports hit record highs
China's exports reached a record $412 billion last month, driven by AI, green technology, and electric vehicles (EVs). Green tech exports surged by a third in the first half of the year due to rising fuel prices linked to the Iran war, while EV shipments exceeded one million units for the first time. However, weakening domestic consumption continues to hinder growth.
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- China's June exports surge 27% from a year earlier as AI boom drives strong demand
- China’s exports surge 27% from a year earlier as AI boom drives strong demand