China’s monthly car ‌exports top 1m for first time as overall trade soars

<p>Country risks new tariffs from US and EU as it looks likely to match or beat last year’s record surplus of $1tn</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/jul/14/oil-prices-rise-2-middle-east-strikes-chinas-exports-surge-ai-boom-live-updates">Business live – latest updates</a></p></li></ul><p>China’s monthly car ‌exports topped 1m for the first time in June as overall overseas shipments from the world’s second biggest economy rose 27%.</p><p>Official Chinese customs data showed that a stronger-than-expected trade performance kept China on track to match or beat last year’s <a href="https://www.theguardian.com/world/2026/jan/14/china-reports-record-trillion-dollar-trade-surplus-despite-trump-tariffs">record trade surplus</a> of $1tn (£748bn), achieved despite Donald Trump’s <a href="https://www.theguardian.com/us-news/2026/jul/14/trump-tariffs-us-refunds">curtailed</a> tariff war.</p> <a href="https://www.theguardian.com/business/2026/jul/14/china-car-exports-june-trade-us-eu-trump-tariffs">Continue reading...</a>