China-Germany trade surplus reaches $27B
China is accused of shifting the balance of trade with Germany during the first seven months of 2026, recording a significant increase in exports and a decline in imports, resulting in an expanded trade surplus of around $27 billion. In July alone, Chinese exports to Germany rose by 17.4% to reach $12.3 billion, while imports from Germany decreased by 2.7% to $7.9 billion. These developments coincided with a general increase in China's imports from other countries, with total imports rising by 27.5% and exports increasing by 23.9%. This growing imbalance reflects an increasing asymmetry in trade exchanges, raising concerns about intensifying Chinese-German competition, especially in the automotive and machinery sectors.
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