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

China's car exports hit a milestone in June, surpassing 1 million units for the first time, while overall trade surged by 27%. This robust performance positions China to potentially match or exceed its record $1 trillion trade surplus from last year, despite ongoing trade tensions with the US and EU. The rising car exports and overall trade growth underscore China's economic resilience and growing global influence, but also raise concerns about retaliatory tariffs that could impact future trade dynamics.