BNP Paribas Securities (China)
Coverage of BNP Paribas Securities (China) in the Nexus archive.
- China’s economy slows to 4.3% annual pace of growth in April-June
China’s economy grew at a 4.3% annual pace in April-June 2026, the slowest since late 2022, despite strong export growth driven by artificial intelligence and electric vehicles. Domestic spending and investment lagged, and the International Monetary Fund forecasts 4.6% growth for 2026 but 4.1% for 2027. Analysts highlight an imbalanced growth model with heavy state support for advanced technologies like AI and robotics, while lower-value sectors stagnate.
- The AI boom drove China’s 27% export jump in June as AI and the Iran war reshape global trade
China's exports surged 27% year-on-year in June, driven by the AI boom and increased demand for electronic components and AI-related products. Imports also rose sharply, leading to a $125.6 billion trade surplus. Chinese businesses are shifting factories to regions like Europe and Southeast Asia to bypass trade barriers, while exports to the U.S., EU, and Latin America grew significantly.
- China's June exports surge 27% from a year earlier as AI boom drives strong demand
China's June exports surged 27% year-on-year, driven by AI demand and semiconductor price increases, with a trade surplus widening to $125.6 billion. Exports to Southeast Asia, the EU, and Latin America grew significantly, while shipments to the U.S. rose 14% amid lower prior-year tariffs under Trump. Analysts note reliance on global demand and regulatory factors for sustained growth.
- China’s exports surge 27% from a year earlier as AI boom drives strong demand
China’s exports rose 27% year-on-year in June driven by AI-related demand, with vehicle and tech product exports surging. Imports also increased sharply, but concerns remain about trade deficits and reliance on global demand for AI and automotive products.
- China’s exports to the US are surging at a pre-Liberation Day pace, defying Trump’s tariff goals
China’s exports to the U.S. surged over 35% year-on-year in May, the strongest pace since early 2021, driven by technology and auto shipments despite Trump’s tariffs. Exports overall rose 19.4% in May, supported by AI-related products and green technology demand.
- China’s exports jump 19.4% in May from a year earlier, boosted by demand for autos and tech goods
China’s exports rose 19.4% year-on-year in May 2026, driven by strong demand for autos and technology goods. Exports to the U.S. surged over 35% compared to the previous year, supported by AI-related products and semiconductors. BYD, China’s largest EV maker, reported an 80% increase in overseas vehicle sales.