#Ev Market

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Chinese flag against a gray sky, symbolizing economic influence and overproduction in China

Beijing's Industrial Tsunami: Foreign Affairs Warns of Global Crisis Due to Trillion-Dollar Overproduction in China

Economy 08/16/2026, 21:23
🚨 <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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