China’s export growth picks up amid US, EU pressure for curbs

The artificial intelligence (AI) boom and strong demand for electric vehicles (EVs) drove a 25 per cent year-on-year increase in China’s exports in August despite geopolitical headwinds and bad weather. Typhoons Dolphin and Saudel caused widespread delays at Shanghai’s port. The increase in exports exceeded the 23.9 per cent growth recorded in July and the 21.9 per cent forecast of economists polled by Chinese financial data provider Wind. Customs data released on Tuesday also showed imports...