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China sees boost in July trade
China recorded a significant increase in its exports and imports during July, with exports rising by 23.9% and imports by 27.5% compared to the previous year. This growth was supported by a surge in artificial intelligence and an increased demand for Chinese technology products. Exports of computers and spare parts jumped by 45.2% over the first seven months of the year, despite international pressures and the ongoing trade war with the United States. Last month, shipments to the US increased by 17%, while Beijing imposed restrictions on drone exports to Washington.
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