AI Data Insight
China's latest data for Q3 2026 shows that the cumulative trade surplus reached 5,556.3 billion RMB in July, surging by over 802.7 billion RMB in a single month and strongly beating market expectations. Benefiting from global AI infrastructure construction and demand for high-end manufacturing products, export growth has become the core driver supporting China's economy. Looking ahead, external demand remains strong, but as the US election approaches at the end of the year, the risk of Sino-US trade friction is rapidly escalating.