China exports rise 19.4% as AI demand grows (opens in new tab)

China's exports rose 19.4% in May from a year earlier in U.S. dollar terms, accelerating from April's 14.1% increase and beating economists' forecasts of about 15%, customs data showed Tuesday. Imports increased 27.4%, compared with 25.3% in April, and the trade surplus widened to $105.43 billion from $84.8 billion in April. The figures showed technology-related shipments drove much of the increase, with reports citing demand for chips, autos, semiconductors, computing equipment and other AI-...