China’s May trade data beat forecasts as exporters rush orders, ride AI wave
BEIJING, June 9 (Reuters) – China’s exports picked up pace in May, as earlier front-loading by overseas buyers to pre-empt Gulf war energy costs fed through to shipments, while steady appetite for semiconductors and AI hardware lent additional support. Exports expanded 19.4% from a year earlier in U.S. dollar value terms, customs data showed on Tuesday, outpacing the 14.1% gain in April and a 15% rise tipped by economists. Imports […]