exports

China car sales fall for 10th straight month as exports nearly double

China's passenger car market extended its decline to a tenth consecutive month in July, with retail sales dropping 20.9% year-on-year to 1.46 million units, even as automakers shipped a record share of production overseas to offset collapsing domestic demand.

China’s export surge creates new corporate winners amid deepening domestic slump

China posted 24% year-on-year export growth in July and a $113 billion trade surplus, putting the country on track for another trillion-dollar-plus surplus in 2026, even as its domestic economy continues to flag. Western governments are calling the dynamic a…

South Korea, Taiwan surpass Japan in exports for first time, driven by AI chip demand

Asian technology stocks surged on Thursday, August 6, after a powerful Wall Street rally driven by strong corporate earnings and easing oil prices pushed major U.S. indexes to fresh record highs. The gains underscored how deeply Asian chipmakers are intertwined…

China’s July exports rise 24%, beating forecasts on AI demand

China's exports rose 23.9% year-on-year in July to $397.85 billion, beating market forecasts of 22.2% growth, according to customs data released Friday. The result, while easing from June's 27% surge, underscored continued global appetite for Chinese high-tech goods including semiconductors…

BYD July sales jump as overseas deliveries hit record

BYD sold 419,211 new energy vehicles at wholesale in July 2026, a 21.76% increase from a year earlier, as record overseas shipments continued to compensate for weakness in the Chinese domestic market, according to data the company released on Saturday.

China says it now makes over half the world’s humanoid robots

China's exports jumped 27 percent year-on-year in June to $412.39 billion, the fastest pace in 53 months, as surging global demand for artificial intelligence hardware, semiconductors, and advanced manufacturing lifted the country's trade performance well beyond market expectations.

China exports hit record $412B in June as AI boom drives demand

China's exports surged to a record $412.4 billion in June, jumping 27% from a year earlier and far exceeding economists' expectations, as the global artificial intelligence investment wave and strong demand for electric vehicles continued to power the country's factories…

China’s Q2 GDP expected to slow to 4.5% amid weak demand

China's second-quarter GDP data, due for release on Wednesday, is expected to show the world's second-largest economy grew 4.5% year-over-year in April through June, a marked deceleration from the 5.0% expansion recorded in the first quarter, according to a Reuters…

China’s green-tech exports grew by a third in first half of 2026

China's exports of green-technology products grew by more than a third in the first half of 2026, according to Bloomberg, as the accelerating global energy transition and elevated fossil fuel prices drove record demand for Chinese-made solar panels, batteries, and…

China’s June exports jump 27%, fastest since 2021

China's exports surged 27% year-on-year in June in U.S. dollar terms, the fastest pace since October 2021, as booming global demand for artificial intelligence components and preemptive shipments to the United States ahead of anticipated tariff hikes propelled the world's…

China’s Q2 growth expected to slow as weak demand drags

China's economic growth likely cooled in the second quarter of 2026, with analysts surveyed by AFP forecasting year-on-year expansion of around 4.5%, down from the 5.0% pace recorded in the first quarter. The official GDP data is scheduled for release…

Global EV sales hit 2 million in June as Europe drives growth

Global demand for electric vehicles rose for a fourth consecutive month in June, reaching 2 million units sold worldwide and bringing year-to-date sales to 9.6 million, according to data from Benchmark Mineral Intelligence. The milestone was propelled by strong growth…

China auto exports top 1 million in a month for first time

China's passenger vehicle market contracted sharply again in June, with retail sales falling 23.2% year-on-year to 1.6 million units, according to data released by the China Passenger Car Association (CPCA) on Wednesday. The decline marks a ninth consecutive month of…

Chinese automakers outsell Japanese rivals in Europe for first time

Chinese automakers outsold Japanese brands in Europe for the first time in May, a milestone that underscores the speed at which China's auto industry is reshaping global competition even as its domestic market contracts sharply.

Russia’s crude exports hit post-invasion high as revenues sink

Russia's seaborne crude oil shipments have climbed to their highest level since before Moscow's full-scale invasion of Ukraine, even as collapsing global oil prices are dragging down the Kremlin's export revenues to their lowest point since March.

China lifts fuel export curbs amid ample domestic supply

China is easing restrictions on refined fuel exports that were imposed after conflict in the Middle East disrupted crude oil flows earlier this year, allowing state-owned refiners to ship larger volumes of gasoline and diesel to a wider range of…

China’s factory activity beats forecasts in June amid AI export boom

China's manufacturing activity expanded faster than expected in June, with the official purchasing managers' index climbing to 50.3 from 50.0 in May, returning to expansion territory above the 50-point threshold and beating the Reuters poll forecast of 50.1, according to…

China’s economy picks up in June on rebounding exports

China's economy showed signs of recovery in June after two months of weakness, with factory activity accelerating and US-bound export orders posting sharp year-on-year gains, according to the China Beige Book's survey of 1,321 businesses conducted from June 1 to…

China’s EV exports hit record $9.2B in May

China's electric vehicle exports surged to an all-time high of $9.2 billion in May 2026, a 49 percent year-on-year increase driven largely by energy security concerns tied to the conflict in the Middle East, according to data released by energy…