China's July Exports Jump 23.9% YoY as AI Demand Drives Computer-Parts Shipments Up 45% YTD

China's General Administration of Customs reported July exports rose 23.9% year-over-year, beating the 23% consensus, with computer and computer-parts shipments up 45.2% for the first seven months as the global AI infrastructure buildout pulls Chinese chip and hardware supply. Imports rose 27.5%, decelerating from June's 36%. The print lands weeks before a scheduled Xi-Trump meeting where AI-related export controls are expected to feature.