undefined China’s exports and imports grew much faster than expected in April, fueled by strong demand for semiconductors and computing equipment tied to the global artificial intelligence (AI) investment boom. Exports rose 14.1% from a year earlier in dollar terms, while imports climbed 25.3%, customs data showed Saturday. The figures beat forecasts in a Caixin survey of 12 financial institutions...
undefined China’s exports and imports grew much faster than expected in April, fueled by strong demand for semiconductors and computing equipment tied to the global artificial intelligence (AI) investment boom. Exports rose 14.1% from a year earlier in dollar terms, while imports climbed 25.3%, customs data showed Saturday. The figures beat forecasts in a Caixin survey of 12 financial institutions, where economists projected average growth of 7.1% for exports and 16.1% for imports. China’s Strong Trade Growth A sharp rebound in exports to the U.S. helped lift China’s overall exports, with shipments there rising 11.3% in April after falling 26.5% the previous month, reversing months of double-digit declines. The rebound was driven in part by strong AI demand, as heavy spending by U.S. tech giants on data centers and computing infrastructure boosted imports of tech products from East Asia, including China.
Up to 150 passengers and crew from Hantavirus-hit MV Hondius start flying home aboard military and government planes from Spain’s Canary Islands The complex operation to repatriate passengers and crew of the hantavirus-hit cruise ship, the MV Hondius, is almost complete. Up to 150 people have started flying home aboard military and government planes from Spain’s Canary Islands, and the World Healt...
Up to 150 passengers and crew from Hantavirus-hit MV Hondius start flying home aboard military and government planes from Spain’s Canary Islands The complex operation to repatriate passengers and crew of the hantavirus-hit cruise ship, the MV Hondius, is almost complete. Up to 150 people have started flying home aboard military and government planes from Spain’s Canary Islands, and the World Health Organization has recommended, but not mandated, a 42-day quarantine once they have landed. Continue reading...