AI Summary

China’s export volume shows no signs of slowing, with auto shipments having risen more than tenfold since 2020 and projected to hit 10 million vehicles this year. In August, the country recorded a trade surplus of $119.1 billion, positioning it to exceed the $1.2 trillion surplus logged in 2025. The “China shock” now affects multiple sectors, including electric vehicles and power generation, prompting accusations from the United States, the European Union and Southeast Asian nations that China is exporting excess capacity. Beijing has strongly rejected those claims, while local industry groups worry about job losses and dependence on Chinese suppliers.

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