China's April Trade Surges as AI-Driven Imports Outpace Exports
China reported a stronger-than-expected rebound in exports in April, with outbound shipments rising 14.1% year-on-year. Imports climbed even more sharply, up 25.3%, driven by purchases of high-end semiconductors and power equipment tied to artificial intelligence infrastructure. The result was a trade surplus of $84.82 billion, even as shipping dis…