China's October Exports Rose 35.2% Year-on-Year

China's exports maintained their strong momentum in October, rising 35.2% year-on-year. The increase was driven by continued positive sentiment in relations with the US and growing global market demand for hardware and infrastructure linked to artificial intelligence technologies. This export momentum came at a time when global trade is showing signs of recovery. In particular, the need for hardware and infrastructure triggered by technological advances in the AI field stood out among the factors supporting China's external sales. The positive atmosphere in relations with the US played a supportive role in trade activities, while increased demand in the global market also boosted export performance. October data pointed to significant year-on-year growth in China's foreign trade. Not investment advice.