China's export growth accelerated in May, buoyed by robust demand for chips, autos and other high-tech goods fuelling the global AI boom, giving policymakers some relief as energy price shocks from the Iran conflict weigh on broader demand.
A surge in global AI investment has helped the world's top manufacturer offset the export hit many had expected from the Middle East turmoil.
Exports expanded 19.4 per cent from a year earlier in US dollar value terms, customs data showed, outpacing the 14.1 per cent gain in April and a 15 per cent rise tipped by economists.