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EU faces ‘China shock’ as EV imports drive Beijing’s record surplus with bloc Lisa O’Carroll
China sold goods worth about $148bn to EU in first quarter of year, but imported just $65bnThe 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...
27 April 2026 at 16:08

EU faces ‘China shock’ as EV imports drive Beijing’s record surplus with bloc

27 April 2026 at 16:08

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.