13 Hrs
Source:
الاقتصادية
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Chinese exports rise as trade surplus nears 806B
China experienced a significant increase in exports during August, rising by 25% compared to the same month last year. This was reflected in an increase in the trade surplus, which reached approximately $119.1 billion in August alone, bringing the total surplus since the beginning of the year to over $806 billion. This rise in exports, especially in the high-tech sector, is driven by the expansion of the artificial intelligence industry and a surge in semiconductor prices, which increased by up to 700% over the past year. Despite tensions with trading partners such as the United States and the European Union, the growth in exports is exacerbating trade imbalances and increasing political risks, with China approaching the record-high surplus projected for 2026. Chinese trade is benefiting from global demand for technological products, even amid challenges related to trade tensions and protests against Chinese trade restrictions imposed on Japan.
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