China's monthly car exports top 1 million as trade surplus pressure builds
China's monthly car exports topped 1 million for the first time in June, according to official customs data released on Tuesday. The figures showed that overall overseas shipments from the world's second-largest economy rose 27% year on year. The data also kept China on track to match or exceed last year's record trade surplus of $1tn.The export performance was driven by strong demand for Chinese brands, including BYD and Jaecoo, as well as higher shipments of chips linked to global demand for artificial intelligence. Customs data showed exports of integrated circuits reached 32bn. The same release indicated that exports to... [Continue Reading]
360LiveNews | 14 Jul 2026 12:07 LONDON
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