Latest Market Alert | 13 July 2026
Executive Summary
China’s exports are expected to have recorded another strong increase in June, supported by global demand for semiconductors, computers and other artificial-intelligence-related products. A Reuters poll forecasts export growth of approximately 18.2% year-on-year, slightly below May’s 19.4%, while imports are expected to have risen by around 24%.
Why it matters
China remains a critical supplier of technology components and manufactured goods. Continued export strength demonstrates the scale of global AI investment, but also highlights the growing dependence of Chinese growth on overseas demand rather than domestic consumption.
UK impact
UK technology businesses and manufacturers may benefit from continued availability of Chinese components, although exposure to future tariffs, shipping disruption and currency volatility remains significant.
Global impact
Strong Chinese exports may support global technology supply chains, but could also intensify trade tensions if governments conclude that subsidised production or excess capacity is placing domestic industries at a disadvantage.
Our View
China’s export performance remains stronger than its domestic economy. AI-related demand is providing substantial support, but reliance on overseas markets leaves exporters exposed to tariffs, geopolitical disruption and changes in global technology spending.
Risk Indicator: MODERATE
Disclaimer
The information contained within this Market Alert is provided for general market awareness and informational purposes only. It does not constitute financial, investment, legal or insurance advice, nor should it be relied upon when making commercial or investment decisions. Whilst every effort has been made to ensure the accuracy of the information at the time of publication using reputable sources, market conditions can change rapidly. Readers should seek appropriate professional advice before acting on any information contained herein.
Invictus Risk Solutions LLP – Helping organisations stay ahead of emerging risks through informed insight and independent analysis.