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The Economic Times

National / The Economic Times

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China's latest 'shock', German auto pain and the euro/yuan pressure cooker

China's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly in June, driven by tech and surging automobile sales. Europe faces immense pressure from these imports and rising energy prices. German automakers are particularly impacted, considering job cuts and reduced sales. Policymakers are now examining exchange rates as a potential solution to these economic imbalances.

15 Jul 2026 11:35 am