China’s customs agency says its exports accelerated in June, jumping 27% from a year earlier, driven by strong demand due to the boom in artificial intelligence #
- Bookmark
China’s exports accelerated in June, jumping 27% from a year earlier, its customs agency said Tuesday, driven by strong demand due to the boom in artificial intelligence.
The increase in exports in June was much better than economists had expected. Exports rose 19.4% year-on-year in May.
Imports in June surged 36%, stronger than May’s 27.4% year-on-year growth.
The strength in export manufacturing has helped to offset weakness in domestic demand.
source & further reading
independent.co.uk — original article
10 ways to use AI glasses while sightseeing
Hundreds of economists say 'we must act now' on AI’s economic impact and job displacement risks
Intel’s five billion-euro investment not an ‘outlier’, says Taoiseach