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Tag: AI exports

Business

China's economic growth rises on AI export surge

China's economic output increased during the third quarter, reversing a multi-year low as soaring shipments of technology goods compensated for sluggish internal consumption. The expansion reached 4.5 percent, staying at the lower boundary of government objectives. Despite robust foreign sales of advanced hardware, batteries, and robotics, the nation continues to navigate severe difficulties, notably a prolonged downturn in the real estate sector and hesitant domestic buyers. Analysts note that geopolitical friction and questions surrounding artificial intelligence investments present ongoing threats to future financial stability.