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China’s July trade rises significantly

China’s July trade rises significantly

Official data showed that China recorded a significant increase in its exports and imports in July, with exports rising by 23.9% and imports by 27.5% year-on-year, despite global pressures including the war in the Middle East. China's manufacturing sector benefited from the increasing global demand for artificial intelligence products, particularly data processing equipment, computers, and spare parts, which saw a 45.2% increase in the first seven months of the year. Despite trade tensions with the United States, shipments to that market grew by 17%. Although the trade war and export restrictions continue, the Chinese economy is showing signs of recovery through rising exports, reflecting the strength of the country's manufacturing sector.

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