In April, China witnessed a notable surge in exports driven by heightened demand from AI companies and other buyers seeking to stockpile additional components. Notably, concerns regarding potential disruptions in global production and shipping due to the Iran conflict spurred many businesses to accelerate their orders. The remarkable growth in China’s exports has significantly widened the country’s trade surplus with the U.S., reaching $87.7 billion this year. The escalating trade imbalance is poised to take center stage as President Donald Trump visits Beijing next week for talks that could potentially extend the bilateral trade agreement reached last year. At the…
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