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🇨🇳 Hong Kong exports up 43%: China is deep in the AI hardware boom and keeping its researchers at home
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🇨🇳 Hong Kong exports up 43%: China is deep in the AI hardware boom and keeping its researchers at home

Macro Soup Newsroom Macro Soup Newsroom 3 min read

Hong Kong April exports rose 43% year-on-year to a cycle high on AI hardware demand. Beijing simultaneously formalized travel restrictions for private-sector AI researchers at firms including DeepSeek and Alibaba.

Close-up portrait of a smiling man in a dark suit and blue tie with the Chinese flag in the background.
Beijing's restrictions on overseas travel for leading AI professionals at private firms like Alibaba and DeepSeek underscore efforts to retain critical technology expertise amid US-China competition. Source

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