Chinese Import Growth Surpasses Exports as AI Drives Demand for High-End Chips
Economists have revised their forecasts for China's import growth, expecting it to outpace exports for the first time since 2021. This shift is driven by increased demand for high-end chips used in AI, with imports projected to rise to a five-year high of 5% in 2026. The trade surplus is expected to remain near $1.2 trillion, slightly above 2025 levels.
Topics: AI China Economic Forecasts Imports Trade Balance