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China's June exports surge 27%, imports jump 36%, beating forecasts amid AI demand and tariff fears.

Market News
13 Jul 2026
CNBC
View Source
Bullish
pluang ai news

China's trade growth in June far exceeded expectations, with exports rising 27% year-on-year and imports increasing 36%, driven by strong global demand for AI hardware and U.S. retailers rushing shipments ahead of potential tariff hikes. The trade surplus reached $125.6 billion, reflecting robust factory activity and increased orders to the U.S. Despite these gains, domestic consumption and private investment remain weak due to a property downturn and volatile oil prices. Investors await China's upcoming GDP and industrial data releases and a Politburo meeting for potential stimulus signals amid mixed economic indicators.

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