Hong Kong’s export surge will extend into the coming months, driven by the global AI boom, economists have told the South China Morning Post, adding that gross domestic product (GDP) growth could surpass official forecasts. Billy Mak Sui-choi, an associate professor at Baptist University’s accountancy, economics and finance department, said global demand for artificial intelligence (AI) remained far from saturated and would continue to drive exports. “No single country has yet been able to...
Hong Kong exports rose 53.4 per cent year on year in June, their sharpest increase in 42 years, to a record HK$641.1 billion (US$81.7 billion) on strong overseas demand for AI-related products. Provisional figures released by the Census and Statistics Department on Monday showed that the total value of exports climbed to HK$641.1 billion last month, after a 40.8 per cent surge in May. The last time exports rose more than 50 per cent in a month was in March 1987, and the last time they...
Driven by a global surge in AI spending and fierce competition at home, Chinese tech companies are rapidly expanding their international footprint, not just via physical supply chains, but increasingly through cloud-based software and foundation models. The broader push aligns with recent customs data from the first half of 2026 showing a sharp rise in physical tech exports. Integrated-circuit exports nearly doubled in value to US$177.3 billion, a 96 per cent year-on-year surge heavily inflated...
Its share in India’s electronics exports increased from 32.84% in 2023-24 to 38% in 2024-25, before rising further to 41.63% in 2025-26
Union Home Minister Amit Shah said the treaty stands as a testament to the Centre's pro-people diplomacy
Ukraine says drones hit 11 Russian vessels in the Azov Sea, targeting tankers, dry cargo ships, and a tugboat overnight.
A crop that fetched over ₹360 per kg during the previous season is now struggling to cross ₹265, with the average auction price remaining at just ₹219.50 per kg as of July 6
China’s dominance in rare earth mining, refining and exports has long been viewed as a strategic advantage. But a new study by Chinese researchers argues that the country’s rare earth industry has its own critical weakness. “China is not in a leading position in mastering key core technologies in certain fields,” the researchers wrote in the paper. Published in the latest issue of the Bulletin of the Chinese Academy of Sciences, the study shifts the focus away from resource reserves and...
CETA secures duty-free access for 99% of India’s exports to the U.K., covering nearly the entire trade basket
Speaking at the Board of Trade meeting, the Commerce Minister said the target was achievable as other countries were keen to trade with India