U.S. Media: Surge in global demand for artificial intelligence drives strong growth in China's exports, with May exports rising 19.4% year-on-year (in USD terms), higher than April’s 14.1%, exceeding economists’ expectations.
Semiconductors and rare earths have become the main drivers, enabling this world's second-largest economy to remain resilient amid turbulence caused by the Iran conflict. China's chip industry continues to demonstrate resilience despite sanctions, yet faces ongoing challenges from global technological barriers.
Original source: toutiao.com/article/1867515341853706/
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