Beijing's Industrial Tsunami: Foreign Affairs Warns of Global Crisis Due to Trillion-Dollar Overproduction in China
🚨 <b>Global Crisis Due to China?</b>
Foreign Affairs magazine warns: overproduction in China threatens the global economy.
📉 <b>Key Figures for 2026:</b>
• China's trade surplus — record $1.2 trillion.
• Share in global industrial production — 30% (by 2030 — 45%).
• Automotive industry: capacity of 55 million cars, domestic demand — 12 million.
🚗 <b>Blow to Europe:</b>
Chinese brands have captured 12% of the EU market, German car exports to China fell by 25%. Experts call this a "subsidy trap" and a harbinger of protectionism.
🌍 <b>Result:</b>
The world physically cannot absorb Chinese exports. Market fragmentation is coming.
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