[AI Hardware Demand Boosts China's Foreign Trade, June Import and Export Growth Exceed Expectations] According to monitoring by Beating, the global AI data center construction boom is driving the growth of China's foreign trade. China's export value in June increased by 27% year-on-year, marking the fastest growth in four months and surpassing the market expectation of 18.2%. Import value rose by 36% year-on-year, the fastest growth in five years, also significantly exceeding expectations. Demand for chips and computing devices is the main driving force. China's imports from South Korea grew by 85% year-on-year, while imports from Taiwan increased by 41.1%. The trade surplus in June reached $125.6 billion, the second-highest in history. Strong exports are providing support for the economy, but domestic consumption and fixed asset investment remain weak. If external demand cools, growth pressures will still emerge. [Original Link]