EU faces ‘China shock’ as EV imports drive Beijing’s record surplus with bloc
China sold goods worth about $148bn to EU in first quarter of year, but imported just $65bn
The EU is experiencing a prolonged “China shock” as a flood of Chinese EVs into Europe helped push Beijing to a record surplus with the bloc.
New data showed China’s trade surplus – where its exports to the EU exceeded imports from the bloc – was $83bn (£61bn) in the first three months of 2026. Continue reading...
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