China Digital Exports Surge As Alibaba, Tencent Lead Global Push
Chinese revenue from digital services sold abroad is soaring as tech champions from ByteDance Ltd. to Tencent Holdings Ltd. ramp up their overseas push in live streaming, e-commerce and artificial intelligence.
The trade surplus from digital services, which encompasses a wide scope of businesses from telecom operations to cloud computing, more than doubled in 2025 to a record $33 billion, data from the State Administration of Foreign Exchange show.
