China says imports and exports surged in August
Exports jumped 25% and imports surged 28.2% year-on-year, said the General Administration of Customs.
China's imports and exports experienced a significant surge in August, according to official data released on Tuesday, driven by a global AI buildout that has increased demand for the country's technology products. According to the General Administration of Customs (GAC), exports grew by 25% year-on-year, a slight acceleration from July's growth of 23.9%.
The increase was slightly below Bloomberg's forecast of 25.9%. Meanwhile, imports rose by 28.2% year-on-year, marking a faster pace than July's 27.5% growth but still below Bloomberg's forecast of 31.0%. The GAC data revealed that China's exports of computers and related parts surged by 49.4% between January and August, while shipments to the US climbed by 34.4% year-on-year in August, up from the 17% increase seen in July.
These figures were reported before an anticipated high-stakes summit in Washington this month between presidents Donald Trump and Xi Jinping, with China having achieved a historic trade surplus in 2025.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- China’s exports pick up in August, jumping 25% on strong demand for autos and high tech goods apnews.com
- China says imports and exports surged in August news.rthk.hk
- China says imports and exports surged in August freemalaysiatoday.com
- China August iron ore imports up 3.1% y/y, customs data shows brecorder.com
- China says imports and exports surged in August channelnewsasia.com
- China's exports soar 25% in August; trade surplus tops $800bn for year asia.nikkei.com
