New Delhi, June 11 -- China's export engine remained firmly driven by demand from artificial intelligence (AI)-related industries and high-end manufacturing goods in May 2026, helping the country post a trade surplus of over USD 105 billion despite growing geopolitical uncertainties, according to an ICICI Bank Research report.

China's exports expanded 19.4 per cent year-on-year in May, surpassing market expectations of 15 per cent and accelerating from 14.1 per cent growth recorded in April. Imports also rose sharply by 27.4 per cent, resulting in the trade surplus widening to USD 105.4 billion from USD 84.8 billion in the previous month.

The report noted that "China's exports continued to benefit from strong overseas demand for goods f...